17 years in trading
After several days fighting with the trendline the buyers manage to close the pair above the same in the last week at 1.4412, with daily MA100 on test for the beginning of the new one. To be easier, the pair opened this week with gap at 1.4458, above the daily MA100, which has become support and after wich the buyers have opened
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The Commerce Department is scheduled to release durable goods orders data for March. After sharp decline in February, consensus for March is 1.8% rise. Orders for core durable goods, ex Transportation is expected register a gradual rise of 0.5%, better than the sharp decline of 1.3% in February. 13:30 h (London time) > Durable Goods Orders > Previous -3.0%, Consensus 1.8%. Update
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