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Level and Target Adjustments for the U.S. Session – April 16th
Today, only the euro was traded
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Today, only the euro was traded using the Mean Reversion strategy, but no strong reversals occurred. Using the Momentum strategy, I traded the pound and the Australian dollar.Despite the fact that the Eurozone's Consumer Price Index rose to 2.6% year-over-year in March, the euro declined against the US dollar in the absence of positive news from the Middle East. This came as something of a surprise to many market participants, who had expected more confident performance from the European currency
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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