USDCHF broke resistance zone Likely to rise to resistance level 0.8730 USDCHF currency pair recently broke the resistance zone between the resistance level 0.8600 (which stopped the previous impulse wave 3) and the 61.8% Fibonacci correction of the downward impulse from August. The breakout of this resistance zone accelerated the minor impulse wave 5 of […]
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ECB is widely expected to cut the deposit rate by 25bps to 3.25% today, marking the first back-to-back rate reduction in 13 years. This step reflects ECB’s growing urgency to accelerate monetary easing as inflation Read more…
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