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Trading Recommendations and Trade Analysis for EUR/USD on January 12. Nonfarm Remains at the Bottom
Analysis EUR/USD 5M
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Analysis EUR/USD 5M The EUR/USD currency pair continues to sluggishly slide downward. Friday changed absolutely nothing, despite a strong macroeconomic backdrop. On the last trading day of last week, at least reports on the U.S. labor market and unemployment were published, but even they were not enough to push volatility above the usual level. And the "usual" is small now. EUR/USD continued its decline, which fits the current technical picture on both the hourly and daily
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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