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EURUSD Consolidating After Gains?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Key Highlights Euro surged higher this past week against the US Dollar, and settled above a key resistance area of 1.0800. EURUSD is currently correcting lower, which looks like a consolidation pattern before the next move. German Industrial Production will be released by the Statistisches Bundesamt Deutschland today, which is forecasted to register an increase of 0.7% in October 2015. In Australian, the HIA/AiG Performance of Construction Index released by the Australian Industry Group and

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