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22.11.201908:35 Forex Analysis & Reviews: Trading plan EURUSD 11/22/2019

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Exchange Rates 22.11.2019 analysis

News on Thursday tried to play in favor of the dollar: For example, the Philadelphia business activity index came out significantly higher than the forecast: 10.6 against the forecast of 6. The index of leading indicators remained at the same level -0.1

The US economy remains in fairly strong shape - and the dollar has tried to win back some of the growth from the euro. The attempt of the euro to pass above 1.1180 failed.

However, the growth of the euro has not yet been canceled.

EURUSD: we continue to keep buying from 1.1045, stop at 1.1000.

In the case of a reversal down, we sell from 1.0985.

Jozef Kovach
Analytical expert of InstaForex
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