EURUSD surveys fresh declines
Updated
Hello dear friends! Currently, Eurusd has broken out of its upward trend and is showing signs of a slight correction in the near future. It is currently trading at 1.0546 with a potential adjustment level of 1.0558. This downward trend is expected to continue, with a projected decrease to 1.0460.
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Note
Early Friday, U.S. stock index futures traded modestly higher on the day. In the absence of high-impact macroeconomic data releases, risk perception could weigh on USD valuations and drive EUR/USD action ahead of the weekend.Note
Uncertainty looms large for the global economy.The market is worried about Italy's inability to grow.
But the Italian economy has the potential to grow even further.
There are no signs that Italy's interest rate differential is at a level that requires ECB action.
Note
Currently, the time of updating the number is 1.0500. EURUSD has its eyes on. The decrease in numbers continuesTrade active
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EURUSD has a slight recovery todayNote
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