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Almost sure that it will be used for down move
If I had to guess my guess would be that tomorrow we are going to see a mild break of 1.080 down and then retesting the level 1.090 again
In this NFP + holiday week everything is possible
Seems that you are right - this is a 100% ranging day
You are right, still in the range I would say. The pair seems stabilize around the 1.0820 level.The immediate support can be found at 1.0801.
Negotiations between Greek officials and creditor institutions are showing some progress, let's see what is this going to lead us with eur/usd.
Level 1.0800 seriously tested now. Asian session decided it will not wait for London session. Now let see if it is a real 1.080 break or not
Level 1.0800 seriously tested now. Asian session decided it will not wait for London session. Now let see if it is a real 1.080 break or not
Seems that level 1.0800 is becoming a history
Well I was wrong
German data better than ever - Euro falls. Business as usual
And now some profit taking
It was not EU data that caused the fall - Greece and IMF/EU did not reach agreement (again). Greeks are leaving the meeting
Following the increasing uncertainties around Greece and the debt talks,Eur/usd slips to below 1.0710, the decline seems to have found some support around 1.0720 so far.