Tuesday, October 28, 2014

The EUR/USD above the 1.2700 level

The Euro versus the Dollar has continued with its bullish momentum for today and it is currently above the 1.2700 level. If tomorrow’s FOMC statement shows that the FED is in no rush to raise interest rates, then the Dollar may weaken and the EUR/USD could reach the 1.2800 level where we can see the second average target on the SmartPattern tool.


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