Short sales time

Thursday, 10/08/2017 | 12:35 GMT

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Today Larson&Holz analysts advise to sell the currency pair EUR/USD short-term, from 1.1730 to 1.1680. They have deduced it from the technical analysis instrument, the Fibonacci lines.

As it usually happens, the United States currency starts to strengthen when the markets expect inflation rates, which actually became the main reason for short sales.

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