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!
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –