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EUR/USD: Simple Trading Tips for Beginner Traders for February 2nd. Review of Yesterday's Forex Trades
Trade Review and Trading Tips for
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Trade Review and Trading Tips for the European CurrencyThe price test of 1.1944 occurred at a moment when the MACD indicator had already moved significantly upward from the zero line, which limited the pair's upward potential. A similar situation later occurred at the 1.1895 level, but this time on the sell side.The U.S. Producer Price Index (PPI) remained unchanged at 3.0% year over year, contrary to analysts' expectations of a possible decline. This supported the U.S. dollar and, accordingly, weakened
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Jakub Novak,
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