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FX Board: Market tries to heal last week's trauma

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FX market attempts to recover from last week's trauma, US not cooperating early on Much still needs to be repaired to emerge from last week's shadow Riskier pairs such as AUDJPY and GBPJPY bounce the most from new lows EURUSD and EURGBP try to reverse from new highs Key FX developments today Risk appetite tried to bounce today after further notable weakness in Asia. A strong close today could put a positive varnish on things and create the first bullish reversals in some time for those pairs

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