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EUR/USD To Proceed Long Above 1.11703 And 1.12036

Published 08/31/2015, 02:25 AM
Updated 05/14/2017, 06:45 AM

Good morning. Hope all is well! Looking forward to a good week. We have had a downside on our forecast for Friday with only 28% accuracy. This was due to US dollar gaining a little steam instead of weakening. The two Oceanic pairs are on our radar for today due to the fundamentals. Could be looking at a sidelined greenback while Japanese yen could strengthen. 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 long above the barrier levels of 1.11703 and 1.12036.

Fundamental Watch

EUR/USD Chart

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