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Last minute burning forecast 28.11.2017

Last minute burning forecast 28.11.2017

EURUSD: Growth is under pressure. Buying - only with a rollback.

New data on the US economy has been released. Sales of new homes rose above the forecast, to 685,000 per year.

The impulse received by the euro from resolving the political crisis in Germany has worn down.

In addition, an important event will take place on Tuesday - a speech before the US Senate Committee of the future head of the Federal Reserve, Powell. This can significantly strengthen the dollar.

Conclusion: The growth of the EURUSD pair is under pressure: To buy only with a pullback - from 1.1865 or lower.

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The material has been provided by InstaForex Company - www.instaforex.com