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FX Board: USD bulls continue to suffer ahead of FOMC

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Trading ranges were mostly restrained today Looks like the air is getting very thin for USDCAD on the least back-up in oil prices EUR-bears are not out of danger just yet Key FX developments today Trading ranges were mostly restrained today, though the JPY developed quite a head of steam at times on the weak risk appetite in the early European session, as USDJPY tested support and GBPJPY was down to new local lows and not far from a major technical support level (see chart below). GBP was

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