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EURUSD forecast

US holidays put currencies into a standstill two days in a row. EURUSD is stuck in a triangle. A break of the triangle will lead the pair to the basis of the triangle. The break up will target 1.172 and the break down to 1.153
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EURUSD

EURUSD has pulled back strongly. Technically it's still sitting in the range with upside potential. A support of 1.22 is to be observed to prevent EUR from a big slide. The resistance is at 1.235. I would buy from support to test a resistance.
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Post NFP

NFPs were not a surprise. However, the USD reaction shows a strong profit taking happenning. A further decline of GBPUSD and EURUSD is expected next week. A major reversal in the USD weekness is not on the horizon but a major correction has started.GBPUSD target is 1.4. The extended target at 1.37
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USD reversal

EURUSD is drawing head and shoulders on 4h chart. enter short from current level with sl over 1.23. A break of 1.22 is needed to validate the set up which will produce a decline to 1.2.
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EUR pull back

EUR has retraced from recent highs probably on Spanish uncertainty. Technically EURUSD is still in the ascending mode. EURUSD is a buy at 1.18 with SL at 1.169 and TP at 1.203
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EUR move

EUR is resilient to concede on a gained ground. EURUSD is pushing toward 1.13. A break will lead to 1.14 following the trendline resistance at 1.145
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EUR wonders

EUR still shrugs off any negative news and is still holding the gained ground. EURUSD has consolidated last week without producing any disent move. The big hurdles stay on the northern direction, precisely 1.12, 1.13 and 1.14. The next move is fair to expect with non-farm employment numbers at the end of this week. Before that event the pair will most likely move sideways between 1.11 and 1.13. A break out of 1.12 will lead to 1.125 and 1.13. A break down below 1.115 should produce a retest of 1…
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EUR post FOMC

EUR has acted in the opposite to the positive IFO news. It was partially expected because the pair was overbought, partially by profit taking. Todays' FOMC minutes have risen little volatility. Such market reaction provides no clear direction for a further currencies action. It's fair to expect EUR to continue a slow climbing on political uncertainty until a new piece of clear guidance from any financial authority comes to the wires. I would expect EUR to reach the first clear resistance at 1.13…
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EUR in the driver's seat

EUR has propelled on the political shuffle in the US. Technically the EURUSD pair still sits in the large consolidation between 1.05 and 1.15. The FOMC meeting on coming Wednesday will set the tone for further USD direction and consequently for EURUSD pair. In case the FOMC gives a hint on further rate hikes, the pair might rush through 1.15 to reach 1.20. In the opposite case, the pair might retest the gap at 1.07. The nearest support sits at 1.09 and the resistance at 1.15.
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Crazy EUR

EURUSD has produced a significant sprint to the recoup the loss in the last year. The retracement has surpassed 61.8% fibo. Look for a consolidation at this level. It's possible for the price to fall to close the gap at 1.07
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