The forex calendar is rich for events this week. However, it does not help traders to collect profits from the news driven currency moves. Market is not obvious ourdays and demands lots of patience. It seems that calm asian sessions become main timespan when market makers boost currencies for a decent advance. The news should be taken with caution, oftentimes the initial spike in line with the announcement is being faded out. In this market trading from support and resistance areas seems to be a proper strategy.
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