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EUR/USD Re-Tests Confluent Support as USD Grinds at Resistance
Tomorrow brings the Thanksgiving holiday in the United States and the day after is ‘Black Friday,’ which means we’ll likely be looking at lower-liquidity conditions in global markets into the end of this week. That does not mean, however, that there are no other items of interest as a couple of German releases are on the economic calendar for tomorrow morning; and with less liquidity in markets the potential for volatility remains, particularly if that data prints far outside of the expected range. In the US Dollar, price action is in an interesting spot ahead of the holiday. October brought bears into the mix ... (full story)