EUR/USD
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EUR/USD is at an unsustainable rally - UBS
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The eurusd has not only reverted its previous negative trend but it has also hit a fresh high at 1.3151 bolstered by better-than-expected euro zone PMI results and bond auctions in Germany, Italy and Portugal, with a sustained decline in the yields of the latter, easing concerns among the market participants.
US ADP (+185K exp.) and Manufacturing ISM (54.5 exp.) results are due later on in the European afternoon.
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EURUSD seems to be unsatble at 1.3195
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Eur usd going bearish on m5 chart may hit 1.3145
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EUR/USD rallies on narrowing German/periphery spreads. going bear
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Originally posted by ceesEUR/USD rallies on narrowing German/periphery spreads. going bear
The EUR/USD is still printing new highs and has reached 1.3200 psychological level.
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Originally posted by cees
Originally posted by cees
EUR/USD rallies on narrowing German/periphery spreads. going bear
The EUR/USD is still printing new highs and has reached 1.3200 psychological level.
analyst says: “Despite the severe sell, the whole pattern below 1.3230 continues to be corrective in nature, so my outlook is bullish for a break through 1.3212, en route to 1.3360 and 1.35+”, and points to support at 1.3090.
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on m15 time frame eurusd still strong bear 1.3145 below possible
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on m5 eurusd go up to 1.3200
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