Last week had quite a significant impact on most of the currency pairs that involves USD and today we will guide you in trading EUR/USD for this week.
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If we get another leg of buying and 1.0650 stays strong we could see another retest of 1.0950 followed by 1.1000 and 1.1050 – H5 Monthly camarilla pivot.
Most of this week there will not be any major news coming from either Europe or the States until Friday. However, the amount of data released on Friday will be quite large and it may have a very serious impact. This is why it is advised to close all of the EUR/USD positions before Thursday noon.
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