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EUR/USD: Simple Trading Tips for Beginner Traders for November 25th (U.S. Session)
Analysis of Trades and Tips for
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Analysis of Trades and Tips for Trading the EuroThe test of the 1.0473 price level occurred as the MACD indicator began to decline from the signal line, confirming the validity of a sell signal for the euro. Consequently, the pair fell by 25 points but failed to reach the target level of 1.0435.Earlier today, the euro depreciated sharply against the dollar and other major currencies. Data released by Germany's IFO Institute disappointed markets, with indices coming in below analysts' expectations.
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Jakub Novak,
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