I agree with the most of you... it will stay in consultation between 1.10--- and 1.11--- range till Thursday. In the meantime possibility to swing trade a bit. But for the real breakouts we will have to wait at the FOMC ....
EVery time the DOllar gets very high or strong, we end up in a war in middle East, watch out, when USD hits its peak, The US starts a big War. This will be with the next president, most probably a republican one
The single currency recorded a modest increase against the dollar on Monday. The session started at 1.1007 and ended 45 pips higher. Daily extreme values were recorded respectively at 1.1003 and 1.1067. The graphics continued to develop under the moving average. On the upside, break of 1.1080 will move the pair to the resistance at 1.1180.
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