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EUR/USD Is Flat At The Start Of The Week
EUR/USD is flat as traders wait for Germany’s inflation report. The report is expected to show that Inflation Rate increased by 0.1% month-over-month in September. On a year-over-year basis, Inflation Rate is expected to decline from 1.9% in August to 1.7% in September.
From the technical point of view, EUR/USD remains stuck between the support at 1.1115 – 1.1130 and the resistance at 1.1185 – 1.1200.
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