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EUR/USD Expected To Proceed Below 1.07802 And 1.08111 Levels

Published 04/20/2015, 02:10 AM
Updated 05/14/2017, 06:45 AM

Good morning. Hope all is well. We seem to be on the border with Friday's forecast with a 50% accuracy. This was mainly due to US dollar and Japanese yen sidelining through the day. New Zealand, Canadian and Australian dollar pairs are on our watch list today on account of the fundamental watch. Could be in for a sidelined US while Japanese yen may gather some steam. Adding three hedged pairs to offset the risk. Happy Trading!

Forecasts Outlook
US Dollar: Mixed Sentiments

Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.07802 and 1.08111.

Fundamental Watch
– CPI q/q
– BOC Gov Poloz Speaks
– RBA Gov Stevens Speaks
– Monetary Policy Meeting Minutes

EUR/USD Chart

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