European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 2, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The US Dollar weakened after a lower than expected ISM Manufacturing PMI print (48.6 vs. 50.5 expected). The Euro benefited from this and a small short squeeze occurred, which took EUR/USD to 1.0636, just 2 pips away from last Friday's high. The next notable resistance level is now 1.0690, but[​IMG]

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