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Dollar still shows mixed picture

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Thursday, USD/JPY rebounded off the recent low supported by a positive equity market sentiment. Decent US data were also a slightly positive for the dollar. The picture for EUR/USD was less clear. The pair was captured in a sideways range between 1.0990 and 1.1045. The pair was off Wednesdays correction low, but gave no clear directional signal yet. EUR/USD closed the session at 1.1018, virtually unchanged. USD/JPY finished at 113 (from 112.08). This morning, Asian equities show modest

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