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Forex technical analysis: EURUSD jumps around after US data

Discussion in 'Technical Analysis' started by ForexLive, Sep 15, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Back below where it started The EURUSD right before the data was trading at 1.1258. It is trading currently belwo that level. The headlines (with retail sales like the driver) sent the price higher at first. The Initial claims and Philly Fed index were stronger than expected. PPI showed better than expected pipeline costs when you look at food, energy and trade.

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