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EUR/USD Forecast: recovering as oil retreats, watch 1.0845

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 25, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD hovers above the 1.0800 level, with a mild bullish tone this Monday, as oil prices ease from Asian highs, and approach $31.00 a barrel. The macroeconomic calendar is light this Monday, with the German IFO survey and a speech from ECB's Mario Draghi late in the US afternoon, as the most relevant events. Nevertheless, oil and sentiment continue to lead the way. View the Live chart of the EUR/USD Technically, the pair is recovering once again from the 1.0800 region, having held on

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