Level and Target Adjustments for the U.S. Session – September 19th
Level and Target Adjustments for the U.S. Session – September 19th
Today, I tried trading the euro
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Today, I tried trading the euro and the Australian dollar using the Mean Reversion strategy. With Momentum, I traded only the British pound, for which important data was released.News that producer prices in Germany fell more than expected put pressure on the euro. The Producer Price Index declined by 0.5% month-on-month, exceeding analysts' forecasts. This was the most significant drop. The euro reacted to the news by falling against the US dollar and other major currencies. Investors fear that the
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