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FX.co ★ Evening review of EURUSD 11/19/2019

Evening review of EURUSD 11/19/2019

Evening review of EURUSD 11/19/2019

There is no new important news in the market. The market is likely to wait for big events until December 11-12, when there will be three big events: a) the Fed's decision on rates; b) the ECB's decision on rates; c) British parliamentary elections – which will give some clarity on the issue of Brexit.

As long as we see the continuation of the growth attempt of EURUSD – the attempt continues to break up the resistance zone of 1.1080 – 1.1100.

While attempts are unsuccessful, we do not see a strong pullback either.

We stand in the purchase of 1.1045, stop at 1.1000.

Sales from 1.0985.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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