30 November 2020 Exchange Rate Analysis EURUSD
30 November 2020 Exchange Rate Analysis EURUSD On the last trading day of the past week, the economic confidence index on the Euro side met the forecasts for November and dropped from -15.5 in October to -17.6.
On the US side, the markets remained open for half a day due to the Thanksgiving holiday, causing the transaction volumes to continue to be limited. It was observed that the support of positive pricing around the dollar helped the parity to stay above the 1.1969 level.
From a technical point of view, it was observed that the pair continued to be determinant at the 1.1960 level.
Support Points: 1.1930 – 1.1910 – 1.1880
Resistance Points: 1.1980 – 1.2000 – 1.2030