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Dollar Falling Prey To Profit Taking Ahead Of The Payrolls

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, the dollar lost modestly ground. EUR/USD shorts apparently shifted to a more neutral positioning ahead of the payrolls. Sterling held strong despite another poor UK PMI release. Today, the focus is on the US payrolls. A strong US report can push the dollar for a test of important resistance[​IMG]

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