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Euro/Dollar: Target – 1.1375

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yesterday’s Trading: The euro closed up against the US dollar on Friday. The European and American calendars were empty, so market participants were focussing on stock market, bonds and oil market movements. The European and American stock indices closed up. Brent was up to $41.97. The euro dollar restored to 1.1417. Market Expectations: The calendar is empty again today, so traders’ attention is focussed on Dudley and Kaplan speaking during the American session. Since today is Monday

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    I think it might even reach 1.1315 soon, but I am convinced it will continue climbing afterwards.
     

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