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Old 16-06-2014, 06:26
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VolkovYuriy VolkovYuriy is offline
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Default re: FreshForex - freshforex.com

The EUR/USD may return to the growth
Euro



The euro was steady against the dollar on Friday as disappointing data on consumer sentiment in the U.S. boosted demand for the dollar, while the concern about the violence in Iraq continues to exert pressure.
The euro gained some support after the data release which showed that industrial production in the region increased by 0.8% in April, exceeding the forecasted increase 0.4%. The March figure was revised down to 0.4% with 0.3% of previously reported.

Trading recommendations

We advise to short with the first target 1.3435. After overcoming this target it will be relevant to sell to the mark 1.3367.

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