BlackBull Markets - The Expert Trader Series

BlackBull Bulletin - EUR/USD Licks 1.20 as trading month closes


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EUR/USD hit 1.20 on the last trading day before bouncing off the strong psychological resistance level. This is due to further dollar weakness alongside investors pricing in aggressive quantitative easing from the Fed outpacing the European Central bank. The EUR/USD is up around 2.3% this month.

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BlackBull Markets - The Expert Trader SeriesBy blackbullmarkets