EUR/USD Forecast: bearish below 1.0880

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 17, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair fell down to 1.0831 at the beginning of the day, with the greenback extending the rally triggered by the FED late Thursday, when the US Central Bank finally announce a 25bp rate rise, writing a new chapter in the history of monetary policy. The movement was no surprise, and therefore, no fireworks were seen across the board. Nevertheless, the American dollar trades generally higher, and the widening imbalance between Central Banks should keep the greenback favored in

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