The currency pair EUR / USD has prospects for reducing . On Friday, the price formed a pin bar pattern on the daily chart , while the signal is amplified by the fact that the pattern formed by the strong resistance zone in the area of 1.3710 , which is also a strong psychological level . Inputs for sale from current market prices - aggressive tactics , conservative tactics - input costs higher 1,3710-1,3735 within a pattern pin bar . Possible false break zone and then - decrease, because the global Stop Loss - the price of 1.3790 is likely to mark this price is reached .
The euro was supported last week on the back of strong industrial production data , as well as - relatively weak data on the U.S. labor market . This week the focus of media events - a meeting of the Federal Reserve System on QE3. In case of reduction by 10 billion euro's decline can be quite aggressive.
The euro was supported last week on the back of strong industrial production data , as well as - relatively weak data on the U.S. labor market . This week the focus of media events - a meeting of the Federal Reserve System on QE3. In case of reduction by 10 billion euro's decline can be quite aggressive.
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