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EUR/USD slightly off post-ECB top

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Friday, in technical trading, the euro reversed only a small part of Thursday’s gains, as markets were looking for a new equilibrium. At the same time, the dollar was well bid across the board EUR/USD closed the session at 1.1156 (from 1.1177 on Thursday). USD/JPY finished the session at 113.86 (from 113.19). This morning, Asian equity markets extend the positive equity momentum. Chinese production and retail sales showed a further loss of momentum. In public appearances, Chinese officials

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