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EUR/USD: Simple trading tips for beginner traders on September 5th (U.S. session)
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Trade review and tips on trading the European currencyThe price test of 1.1676 coincided with the MACD indicator already being well above the zero line, which limited the pair's upward potential. For this reason, I did not buy the euro.The European currency showed resilience despite less-than-optimistic German data and eurozone GDP. Market participants likely expect that after the release of the latest labor market data, the Fed will ease its monetary policy, which is why they are pricing in further
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Jakub Novak,
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