Forex Market News

Sell EURINR Target Of 72.18

Euro is trading at 1.0718, falling from above the 1. 750 levels that were seen yesterday. Political uncertainty in EU and comments from Draghi that the QQE program will continue weighed down on the euro.
That pair has been trading in a narrow range for the last few sessions and is unlikely to break through, if not for a surprise in the German industrial production data that is scheduled to be reported today.
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