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EUR/USD opens lower as risk appetite grows

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD opens lower as risk appetite grows “The median of the dot plot will likely migrate to three rate hikes or maybe even two quarter-point rate hikes for 2016.” - Bank of the West (based on Reuters) Pair’s Outlook Markets foresee a consolidation of the Euro in the nearest future, following sharp upward moves earlier over the two preceding weeks. Monday opened with the spot below 1.1246/38, namely the monthly R3 and weekly pivot point. The first bearish target to meet is

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