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October, 24 - EUR/USD is having a very hard and important day today

 

And so, just like I warned you yesterday, this day has finally come – the day when EUR/USD volatility has all the chances to break our hopes for a normal trading of the couple. Today is a very important day for the couple and we are not supposed to treat it lightly. After all, days with reports and decisions like the ones we are going to face today do not come often, but when they do, we feel their effect and remember about them for a long time.

 

eurusd 24.10.2019

 

Today we are going to see French Flash Services PMI, German Flash Manufacturing PMI, German Flash Services PMI, Monetary Policy Statement, Main Refinancing Rate, ECB Press Conference – not bad for a single day right? Especially given the fact that all of these are enough to disrupt our trading each on its own. You put them all together and there you have it – the perfect storm where every next wave of information can become the last drop for the couple and become the reason for a very serious fall. That is why I am worried about the couple and about those who prefer to trade it.

 

Regardless of whether you are going to engage in EUR/USD trading, you are going to need trading signals today.

 

 

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