Hi

There were US 3rd quarter GDP and house sales report, which were both worse than expected. Therefore, dollar depreciated against other major currencies and December US interest rate hike might be delayed to next year.

Technically, on a 4 hour chart, EURUSD is on upward trend after the report nearing 20 day moving average line(1.1010), which is expected to work as resistance. At this resistance, short position can be a choice.

Enjoy trading!
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