General picture: Fed, trends under pressure.

The beginning of the week became difficult for currency traders.

The EURUSD pair broke through the 1.1685 level on the upside and recurred the highs of 2015 at 1.0711 (as shown in the euro’s schedule at MT-4, the upper limit of 2015 is at 1.0712).

In the morning, the euro pierced down a minimum of a new week at 1.1625, but it seems that traders are waiting for the stop.

However, surprises are always possible.

Business media writes that on Thursday, July 27, will be critically important for the EU stock market.

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The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com

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