Analysis of the past day

On Thursday, November 23, the US currency continued weakening across the entire spectrum of the market due to the thin market and the exit of investors from the US currency before a long weekend in the US. In addition to the overall decline in the American, the pressure on the US dollar was caused by the upside of the euro against the backdrop of positive statistics on business activity in the euro area. As a result, the pair EUR/USD updated the high of last week at 1.1860 and confirmed the slowdown of the downward correction movement.

Today’s expectations for the dynamics of the American were partly justified. Due to the low volumes, the correction for the dollar did not develop, but the level of support is 93,000, thus retaining the potential for recovery.

Hanzenko Anton