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EUR/USD rebound aborted, but no convincing dollar

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Thursday, calm returned to the market in the absence of interesting eco data or event news. Commodities and equities moved sideways to higher (US equities). At the same time, the US dollar showed a mixed picture. EUR/USD reversed a substantial part of yesterday’s impressive rebound. USD/JPY continued to struggle though after the break below the short-term range bottom (122.25) yesterday. USD traders are looking for a consistent story which isn’t there right now, as moves are erratic and

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