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EUR/USD crossed 1.09 to expose 1.08

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD crossed 1.09 to expose 1.08 “Clearly, however, the Fed remains data dependent and in the near term there is still risk of dollar disappointment around Friday's jobs report.” - BNP Paribas (based on Reuters) Pair’s Outlook The Euro continued to weaken further versus the US Dollar on Wednesday. EUR/USD pierced through 1.09 yesterday, while the weekly S1 failed to sustain losses of this currency pair. Now bears are aiming at May and July lows at 1.0819/08, which are

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