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EUR/USD Forecast: limited bounce ahead of the FOMC

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair bounces from the fresh low posted late Tuesday at 1.0630, as European equities markets open lower. Nevertheless, the pair maintains the strong bearish tone of its previous days, with a 30 pips bounce barely enough to correct the oversold readings reached in intraday charts. The economic calendar will remain light during the European session, but later today, the US will release some housing data, there are several FED member scheduled to speak, and the FOMC will release the

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