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17.03.2020 04:46 PM
Daily overview of EUR/USD (March 17, 2020). The ZEW index is -49!

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The ZEW index fell to -49! This was unexpected, as the value of the index was forecasted to be at 8.

Its effect on the euro's exchange rate is inevitable.

EUR/USD has broken through last week's low of 1.1055 and is moving downwards.

Keep selling from 1.1053 or higher.

Jozef Kovach,
Analytical expert of InstaForex
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