In the new week – several important news on the United States:
On Wednesday, the Fed – the market expects a rate cut of 0.25%.
On Wednesday, also the first report on US GDP for the 3rd quarter – the market expects a slowdown in GDP growth to + 1.5%
On Friday, the employment report for October.
EURUSD: The ECB Meeting last week did not support the euro. We have a deep correction on growth, but growth has not yet been reversed.
We keep purchases from 1.0945 and 1.1005, stop at 1.0990
Possible purchases from 1.1080 and below.