After a strong oversold position and Germany action to banned short selling on the Euro currency at last EUR-USD went for a correction until 1.2600 last Thursday. However on the following day the market was very calm with small volatility fluctuation within 15 minutes time frame. Currently standing on 1.2569, we can conclude that the pair is on its ideal level of correction in general perspective. A more precise level should at 1.2672 previous high correction. Therefore by next week the pair either going down right away or first it [...]

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