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Level and Target Adjustments for the U.S. Session – December 19th
Today, only the Australian dollar and
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Today, only the Australian dollar and the euro were traded using the Mean Reversion strategy. I traded the Japanese yen using the Momentum strategy.As the data showed, German producer prices were unchanged compared with the previous month, which put slight pressure on the EUR/USD pair in the first half of the day. The impact of this factor on the currency market was limited, as traders continue to bet on a slowdown in price pressures in the region. The lack of
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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