Thursday March 30, 2017 - 09:21:05 GMT
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Amazing Trader EURUSD Ideas for 30 March 2017 Register for the Amazing Trader
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Forex trade has moved to a cautious spot after Trump disappointed observes due to his inability to get Health Care legislation approved by his own party. Also markets are disappointed that the ECB has been unable to emerge from negative interest rates, which some feel have been toxic.
At the moment The tone of the EURUSD continues to be governed by its level vis-a-vis the 1.0800 line. Currently, the EURUSD tone is negative. The HOD has been 1.0771 and its LOD 1.0730. Expect modest stops above the HOD and below the LOD. Looking at the hourly chart, next support comes in at 1.0716 and above the HOD at 1.0795 (use 1.0800). 1.0750 is neutrality.
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