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25.11.2020 10:01 AM
Trader's Diary 25.11. A wave of optimism in the markets. EURUSD

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S&P500 daily. The US market closed at historic highs. There will likely be a wave of growth. The reasons for optimism are Biden's win and that a new stimulus package is expected from him. This is evidenced by the nomination of Janet Yellen, the former head of the Federal Reserve, to the Treasury Department.

There will be important news about the US today. We are waiting for the growth of the US market. It is not worth buying and is necessary to postpone sales first. The wave of growth has to run out of steam first.

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Oil went up with the US market.

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EUR/ USD-- The Euro has just updated its maximum and looks ready for growth.

We are still holding purchases from 1.1906, stop 1.1860.

we are ready to sell from 1.1840.

Jozef Kovach,
Analytical expert of InstaForex
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