EUR crosses/EUR/USD

EUR weekly preview

  • Weak start for the EUR but overall looks like EUR/USD has returned to its range-trading ways:
  • ECB statement and Buba GDP forecast knocked EUR/USD 200 pips lower last week, probably not a bad result for the bulls who might have expected more:
  • Big players are not really playing EUR/USD at moment, preferring to let the year wind down slowly:
  • EUR/JPY will be the main driving force ahead of the Japanese election.
  1. EUR/USD difficult tells something precisely: ) Sees that the area 1.2808 quite for purchases, in case of leaving lower than 1.2800 and fixing there, the purpose 1.2500, to be exact 1.2490. I think any more this year: )

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