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Back Forecast
Level and Target Adjustments for the U.S. Session – December 12th
Today, the British pound, Australian dollar,
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Today, the British pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. I traded only the Japanese yen using the Momentum strategy.Inflation data from the eurozone matched economists' forecasts, which kept volatility in the EUR/USD pair at a low level. However, despite stable macroeconomic indicators, market sentiment remains on the side of euro buyers. The British pound did not face major difficulties after the release of weak UK GDP data for October of this year.During the
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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