EUR/USD looks bullish again since prices below 50 DMA and 38.2% retracement of the November - February upswing were rejected last Thursday. As expected, Germany's SPD decided to join coalition with Merkel's CDU. The pair is set to open about 30 pips higher. Results of the Italian parliamentary election will start trickling in soon after the market opens, but no shocks are expected there either. Probably a green day for the pair to start the week.
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