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EUR/USD In Wait-And-See Mode Before Fed

Discussion in 'Technical Analysis' started by Kaitlin, Jan 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair fluctuated within the range between two moving averages on Tuesday, namely 20 and 55-day SMAs at 1.0869 and 1.0829, respectively. Tranquil trading is explained by expectations of the Fed meeting, and this fact is confirmed by falling trading volume. Dovish statement later on Wednesday will make the Euro[​IMG]

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