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On Thursday, the EURUSD showed the first signal to complete the decline.
In recent days, the downward movement has met increasing resistance around 1.1000 – and the euro has not been able to gain a foothold below.
We are on sale from 1.1070 – however, we are ready to buy (with a coup) from 1.1045.
Friday – a big news day across the US.
In the evening, several important data on the US will be released: the report on retail sales; New York business activity index, import/export prices, the dynamics of industrial production.
As we know, Fed Chairman Powell made it clear that the Fed has completed the cycle of lowering rates.
However, significantly negative data may force a change in the Fed's position.
We monitor the market after 14:00 London time.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
