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EUR/USD: US Durable Goods Orders miss

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.1056 View Live Chart for the EUR/USD The dollar is under pressure this Tuesday, extending its early decline after the release of US Durable Goods Orders that unexpectedly fell in September, by 1.2%, beyond the 1.1% decline expected. The core reading also missed expectations falling by 0.4%. Nevertheless, the movements across the board are for the most shallow, ahead of the FOMC meeting on Wednesday, and the EUR/USD trades a few pips above the 1.1050 level, where

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