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Back Forecast
Level and Target Adjustments for the U.S. Session – April 1st
In the first half of the
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In the first half of the day, only the euro and the Australian dollar could be traded using the Mean Reversion strategy, but the pairs never reached a proper reversal. Using the Momentum strategy, I traded the Japanese yen and the British pound, where fairly high volatility was observed.Decent data on the Eurozone manufacturing PMI, which came in above economists' forecasts, maintained demand for the euro in the first half of the day. According to final data, the Eurozone PMI
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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