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Level and Target Adjustments for the U.S. Session – May 1
The British pound, the euro, and
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The British pound, the euro, and the Australian dollar were traded today using a Mean Reversion strategy. I traded the Japanese yen using a Momentum strategy, taking into account its currency interventions.In the second half of the day, important data on the U.S. ISM Manufacturing Index is expected. These figures are one of the key indicators of the state of the American economy, reflecting activity in the manufacturing sector. Particular attention will be focused on the index value for April
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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