I'm holding EU short from last week off of 1.10700 ...with immediate resistance at 1.10300, I'm looking for the pair to accelerate its decline on a break below the 1.0990
Support levels: 1.0985 1.0950 1.0915
Resistance levels: 1.1030 1.1065 1.1100
*The GfK Consumer Confidence posted better than expected yet was unable to attract buyers - amidst US-Sino Trade, Elections, and Brexit I personally don't see EU bulls stepping in until there is some more certainty.
*Powell remains upbeat about US economy saying "glass more than half full."
US Q3 GDP is expected to post 1.9% unchanged from previous.
*Trade at your own risk..would love to hear your thoughts!
-Krecioch
Support levels: 1.0985 1.0950 1.0915
Resistance levels: 1.1030 1.1065 1.1100
*The GfK Consumer Confidence posted better than expected yet was unable to attract buyers - amidst US-Sino Trade, Elections, and Brexit I personally don't see EU bulls stepping in until there is some more certainty.
*Powell remains upbeat about US economy saying "glass more than half full."
US Q3 GDP is expected to post 1.9% unchanged from previous.
*Trade at your own risk..would love to hear your thoughts!
-Krecioch