The dollar was flat during the first business day for the week. One of the news supported the dollar was the release of ISM Services. The traders will wait for new signal that the U.S. economy is close to recession to start new race of euro up to 1.47. Some of the traders are tired to race up and up and will be waiting for momentum. After 4 consecutive weeks of dollar loses against the euro this week will be not exception and almost all investors predict new low levels of the dollar. For today just not significant dollar recovery as is needed break below 1.4440 and then 1.4400 to see more deep recovery. In World-Signals.com predict very difficult test below these levels with higher chances for movement back above 1.45 for EURUSD.
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