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EUR/USD – New historical high Page 1

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EUR/USD – New historical high Page 1

Now, as long as EUR/USD remains broadly above the 10-EMA, expect a further rally towards the USD 1.090 resistance area. However, the US interest rate decision this evening at 7:00 p.m. could cause volatility in EUR/USD. The forecasts of the analysts today vary widely and assume an unchanged interest rate up to an interest rate step of 25 or 50 basis points. The stop on the long position is further pulled up into profit.

Trading Strategy:

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