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German Ifo Business Climate Is Expected To Be Weak

News Date: 23/9/2014 22:31:45

The market is expecting a decrease from 106.3 to 105.9 and this surveyed reflect the current situation of the biggest economy in Europe. In case the release today came in red EURUSD might dive retesting 1.280

On the other hand in case the release surprise the market with a green result, than EURUSD might jump up above yesterday resistance level 1.290 and make 1.30 psycho level in range.

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