EURUSD: No China Savior today
Updated
With the constant US dollar selling by the People's Bank of China, the euro has been a main beneficiary. However, market forces have returned and, keeping the rate below 1.09, maintain a bearish trend.
Trade closed: target reached
Consolidation before breakNote
Selling volume is still greater than bids, a sharp drop below 1.08 may be imminent
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