US growth fell by 3.8 percent in the fourth quarter, the largest drop since the first quarter of 1982. The GDP report was not nearly as bad as the market had expected. This has prevented the major currencies from falling further.


Good support at 1.2800
Stochastic has signal buy for EURUSD


Bought EURUSD at 1.2800
Stop level at 1.2700
Target level at 1.2900

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