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April, 18 - EUR/USD is plunging lower and lower

As was predicted and expected by all the market’s participants, EUR/USD didn’t not withstand the pressure from the reports that have been presented by the European officials throughout today. European currency held its positions strongly at the beginning of the day although there were signs of volatility but economic data from France and Germany – one of the strongest and most important participants of Eurozone were the last drop – euro couldn’t stand anymore.

 

eurusd 18.042019

 

The chart for the last 10 hours is pretty damning. Traders seem to have to boundaries when it comes to selling EUR/USD today and with good reason. The fall and damage taken by euro are pretty hard for us not to be afraid of even more losses.

 

Will euro find boost? Trading signals know the answer!

 

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