<p>Pivot (invalidation): 0.9660 Our preference Long positions above 0.9660 with targets at 0.9695 & 0.9710 in extension. Alternative scenario Below 0.9660 look for further downside with 0.9
This week’s coalition agreement in Germany will lead to a new Government dedicated to more investment. However, the ECB is unlikely to respond and that means more losses ahead for the Euro.
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