Traders remain on the sidelines expecting fresh news before committing

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Price action during the first 24 hours of this week remained on the same themes we discussed in our previous report and the major instruments we cover in this newsletter traded the way we expected them to. There was nothing significant on the calendar to spark some controversy so traders remained cautious and happy to remain firm to their currency positioning. The most highly expected event of the week is the meeting of the ECB and the press conference that will follow on Thursday. It is

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