EURUSD - Long - Post FED
2019-11-27 00:00:33
We still EURUSD moving higher despite the recent drop as the FED indicated they were not expecting any future rate cuts despite downside risks. However, below support at 1.0964 we would expect the downward momentum to continue towards 1.09 as we await the upcoming US CPI and US GDP data releases which could impact the US dollar weakness.