EUR/USD Steady Before US Payrolls Report

Discussion in 'Technical Analysis' started by Kaitlin, Nov 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Thursday trading was tranquil in terms of volatility, while EUR/USD decided to wait for more pronounced fundamental impetus on Friday. At the moment it is hovering slightly below the weekly S1 at 1.09, thus supporting our medium term bearish outlook. Short traders remain focused on the 1.08 mark, where May[​IMG]

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