GDP estimates for the United States were revised higher to show a 2.1% increase during the quarter ending September 2019.
The GDP figures were revised higher from 1.9%. Durable goods orders also rose 0.6%, beating forecasts of a 0.5% decline. As a result, USD was rising on the day.
EUR/USD Turns Flat Near the Support
The euro was largely consolidating near the support area of the 1.0000 level. However, price action is trading flat just below this level. If there is a bullish close following the doji, we could expect to see further gains.
