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Forex Trading Outlook for the Week of August 17, 2015

Forex Trading Outlook for the Week of August 17, 2015

4 Years ago | August 15, 2015 00:00:00

With the EURUSD testing the top of its 1.08-1.12 range (high 1.1214 = double top), the risk has shifted back to the downside but needs a break of a key support to confirm. This sets the stage for another thin August trading week with the focus again on equities, which is showing a strong correlation with the EURUSD as I will explain in my forex trading outlook for the week ahead.

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