
We have outlooked several promising Forex pairs and the result can surprise you!
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USD/CHF continues its December descent. The pair’s attempt to return above the 0.9845 area (September and October lows, 50% Fibonacci retracement of the August-October advance, 200-week MA) has failed. The pair may have shifted to a lower range. The closest target on the downside lies around 0.9800 (61.8% Fibo). If the United States and China fail to find common ground in trade talks and new tariffs kick in, the decline to 0.9740 (78.6% Fibo) will be very likely.
We have outlooked several promising Forex pairs and the result can surprise you!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
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The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession.
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