Trading plan EURUSD 11/14/2019

Trading plan EURUSD 11/14/2019

There is still a shortage of strong news in the market. Perhaps the situation will change on Friday – when a very large package of data on the US will be released. On Wednesday, important data on retail price inflation in the United States were released – general prices showed an acceleration in growth to +0.4% – however, prices without food and gasoline have remained sluggish. The data somewhat increased the pressure of buyers of the dollar – the euro pierced the level of 1.1000 but has not yet managed to gain a foothold below. Today, a report on inflation in wholesale prices – but, as a rule, the market responds poorly to these data. Our positions on the market are the same: we are on sale from 1.1070, but ready to buy from 1.1045.

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