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EUR/USD Call Signal 12 Jan 2016

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Signal details
Entry Price: 
Close Price: 
Expiry Time: 
21:00 GMT
How we trade
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The EUR/USD has continued in a tight range, but current levels are favoring the downside for an additional test of the 1.0800 level in the coming days. The pair has been influenced by a flux of information, most notably about the largest budget surplus in Germany since the Second World War.

We are looking at the 1.0850 level to buy daily calls in this pair as the rebound has currently stabilized just above and the EUR/USD is changing hands at 1.0852. Our binary option play for the day is heavily dependent on the future developments in the U.S. stock market.

Currently stocks are underperforming which is pushing the price of risky assets such as the euro higher.
