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Dollar rallies one last time this year driving the rest of the majors lower

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    During the past couple of days we’ve been talking about the limited volatility in the currency markets in light of the holidays’ season and how price action was not anything too exciting. However it seems that yesterday was different as traders that were still in their desks found the opportunity to make one last best for the year when the US Advance Goods report hit the wires. The result was a hefty pro-Dollar rally across the board with the Euro and the Pound giving up most of the ground

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