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Dollar Rebound Runs Into Resistance

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 18, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Profit taking in US equity markets stopped the post FOMC dollar “rally” yesterday eve. Sterling couldn't profit from favourable eco data, underlining the bad sentiment for the currency. We suspect trading volumes to drop rapidly now, which might lead to erratic price actions. For technical guidance see inside our report[​IMG]

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