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Level and Target Adjustments for the US Session – June 25th
Today, both the euro and the
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Today, both the euro and the British pound performed well under the Mean Reversion strategy. I did not take any trades using the Momentum strategy.The euro declined following the release of disappointing German GfK Consumer Climate data. The index fell to -29.2 points, one of the lowest readings in recent months. This decline indicates a deterioration in consumer sentiment among German households. The pound also came under pressure after the release of weak retail sales data tracked by the Confederation
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Miroslaw Bawulski,
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Maxim Magdalinin
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