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Author Archives: EUR Editor

RBA Minutes Fail to Impress as the USD Rallies

For the EUR, economic data scheduled for release this morning is limited to February wholesale inflation figures and March ZEW economic sentiment figures out of Germany and the Eurozone. Focus will likely be on the German ZEW Economic Sentiment figure ...

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EUR/USD Possible bounce at W L3 -1.2246

The EUR/USD has reached 1.2257 and bounced just above W L3 level 1.2246. At this point the W L3 holds the pair from further drop as it makes a confluence with D L3 level. If we see a retracement, pay ...

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