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Will the Euro Remain Buoyant in the Week Ahead?

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Euro might have recently surpassed expectations as it broke through the recent support levels following the slide in the US Unemployment Rate. Subsequently, the question remains as to whether the pair can continue to rally on ongoing weakness in the Dollar’s sentiment. The Pair experienced an extremely bullish week as the pair rallied following a collapse in US Dollar sentiment. The sentiment swing was largely due to a disappointing US Unemployment Claims result which rose to 276k coupled

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