Whooaaa...Euro is under pressure and it looks like we will have a very interesting week ahead. Last week the EURUSD dropped about 1.35% after the FOMC statement announced another 10B cut in the QE and the Euro Area CPI didn't get to the expectations level. The highlights of next week are the ECB monetary policy and press conference and the Non-Farm Payrolls and Unemployment Rate for the US. The ECB might maintain the minimum bid rate at 0.25% this month but could bring up the possibility of negative rates. For the full forecast and more details about my expectations you can also read on investazor.com.
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ARTakaDEF
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Now price is testing an orange channel resistance level? Shall it cut through? ;)