EUR/USD Forecast: Parity in sight

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 27, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EUR/USD is likely to have a week to remember. With volatility on the rise and many key events ahead, the market is about to start, what could be a historic December. After six months of closing between 1.09 and 1.12, the pair broke decisively to the downside and is about to post the lowest monthly close since 2002. Currently, EUR/USD is moving with a clear bearish bias, in line with the dominant trend. Expectations of a rate hike in the US (the first since 2006) and more easing by the European

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