Preferred direction: SELL Comment: The situation with the euro has not changed since our last review. Protracted accumulation continues at the level of 1.09000. However, we continue to follow sell-priority. According to our later analysis (scenario #1 and #2) we expect a fall to 1.08000. Also, in the longer term, we can consider a fall to 1.07000.
On Thursday, that is, today a large number of economic events from the EU and the USA are expected. Therefore, most likely today will be decisive and the instrument will finally shoot down, as we expect.
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