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EUR/USD Forecast: still flat, support at 1.1160

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Markets are quieter this Tuesday, with a mixed opening in European equities and no rallies there to lead the way among currency traders. In Germany, Factory orders have fell sharply during August, down 1.8% compared to July, while previous monthly figures were revised lower, affecting particularly the German DAX, which opened strongly lower. Nevertheless, the EUR/USD pair advanced up 1.1219 with the European opening, and holds above the 1.1200 figure, but showing no actual upward momentum.

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