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Euro/USD: Euro is successfully recovering
The pair EUR/USD is traded upward at the Forex currency market on Wednesday, due to good U.S. statistics and total markets recovery after sales.
By 9.05 Moscow time the Euro is at 1.4392 against closing level of 1.4334.
Positive U.S. statistics released yesterday and favourable financial statements of some American companies supported the major pair.
Important macro-statistics is not going to be published today; data on sales of houses in the secondary markets in the U.S. in March and also data on the oil and oil products reserves for a week will be released in the afternoon.
Therefore, market is still guided by the external background.
Most likely the pair EUR/USD will not go beyond the range of 1.4310-1.448 at the trading session on Wednesday.