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EURUSD – Euro To Continue Trading Higher Vs USD?

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Key Highlights Euro gained traction recently against the US Dollar, and currently trading with a bullish bias. There is a bullish trend line formed on the hourly chart of the EURUSD pair, which may act as a support if the pair moves down. Today, the Euro Area Producer Price Index (PPI) will be released by the Eurostat, which is forecasted to decrease by 0.6% in Feb 2016, compared with the previous month. Earlier during the Asian session, the Australian TD Securities Inflation released by The

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