EUR/USD Forecast: bullish stance prevails, retest of 1.1245 most likely

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Markets trade uneventfully so far this Monday, with investors still digesting the latest US employment data. The mixed report put a halt on dollar's sharp weekly decline, but is not enough to revert the negative tone of the American currency, unable to rally further at the beginning of the week. The week starts with a light calendar, with only the US Labor Market Conditions Index for January to be released during the American session, and Chinese markets closed for most of the week amid

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