Pair Expectation, target value – maximum or minimum for the day


AUDUSD up, target: 0.7310


EURUSD up, target: 1.1120


USDCAD down, target: 1.3400


GBPUSD down, target: 1.3850


USDJPY down, target: 111.50


USDNOK down, target: 8.300


A few important macroeconomic data are due for release this coming Friday. CPI data for Germany might induce significant volatility, provided that inflationary risks become pronounced – EUR might go up on lowering expectations of new QE program. High CPI numbers might also induce stock market fall in Europe. The first revision of GDP data for the US economy can move the markets – high numbers can have negative effect on US dollar, while safe-heaven assets might rise.
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