The news for the euro is not the best, but not the worst, and due to the worse economic results for the USA, the dollar has lost ground so that in the short term, especially since today we will have Thanksgiving in the USA, so the stock market will be closed, I expect the euro to take advantage and go up by another 0.85%... at least to the resistance it was already at and where it also had a support that it proved it could break without a problem? what this means?
That in that area Eur vs Usd is sold massively and this makes me believe that later eur-usd will fall on Friday when the stocks opens in the USA, and possibly later we will see an even bigger drop down especially due to the fact that DXY it maintains its BULLISH position on the 1-week time frame, another important factor is that on the 4h chart, USDJPY forms a FLAT pattern, so I expect USDJPY to stay in that FLAT pattern tomorrow and to break it upwards on Friday.
That in that area Eur vs Usd is sold massively and this makes me believe that later eur-usd will fall on Friday when the stocks opens in the USA, and possibly later we will see an even bigger drop down especially due to the fact that DXY it maintains its BULLISH position on the 1-week time frame, another important factor is that on the 4h chart, USDJPY forms a FLAT pattern, so I expect USDJPY to stay in that FLAT pattern tomorrow and to break it upwards on Friday.