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 Blog Post  Strong Indication Flashed in RSI about initiative of bearish trend EUR/USD

Forex Trading Signals

– EUR/USD Initiates Bearish Sequence, RSI Falls Back From Overbought Territory.

– USD/CAD Eyes Top of 2018 Range Following Dovish BoC Rate-Hike.

EUR/USD bobs once again from a new week after week low (1.2165) even as Federal Reserve authorities strike a peppy standpoint for the U.S. economy, yet the match stays in danger of confronting a bigger pullback as it starts a new arrangement of lower highs and lows.

New remarks from Cleveland Fed President Loretta Mester propose the Federal Open Market Committee (FOMC) will keep on normalizing fiscal approach over the coming a very long time as the 2018 voting-part observes ‘striking upside dangers’ to the monetary viewpoint, and a developing number of national bank authorities may get ready U.S. family units and organizations for higher acquiring costs as Chair Janet Yellen and Co. estimate three ...



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