Tradingwithtamil

EURUSD: No Chance for the Immediate Changes.-Neutral.

FX:EURUSD   Euro / U.S. Dollar
Hi fellows,

On the count of yesterday trade closings, the pair EURUSD downward pressure has eased, and the duo continued to progress in the Uptrend. Unfortunately, the unbroken overnight gains are Unexpected. Moreover, there is no change in the Neutral Outlook, but the EUR strength Could extend towards July peak of 1.17900. At this stage, the Probability for the Instant highs is not possible.

On the contrary, a pullback action and a breakthrough of 1.16300 is enough to prove the USD strength. Whatever, the weekend and the stable Uptrend move won't allow the Price range to fetch the Changes.

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Happy trading.

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