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Back Forecast
Level and Target Adjustments for the U.S. Session – June 29th
Today, the British pound, the Australian
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Today, the British pound, the Australian dollar, and the Canadian dollar all performed well under the Mean Reversion strategy. I did not take any trades using the Momentum strategy.The euro gained after the acceleration in M3 money supply growth and stronger lending activity, both of which clearly support the case for a second ECB rate hike in July. However, despite these positive signals, the outlook for the euro remains mixed. The policies of other major central banks—particularly the U.S. Federal
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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