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FX Board: USD consolidation didn't last long

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Post-NFP USD bull trend weakens GBPUSD could be primed for a move towards 1.46 Rate spreads suggest NZD remains overpriced Key FX developments today The spike in USD strength after Friday's nonfarm payrolls data generally failed to carry through into the Asian and early European sessions today, as EURUSD consolidated back toward 1.0800 briefly and USDCHF even nipped parity before bouncing again. But the greenback found sellers around key levels, keeping the USD bulls tactically happy. USDJPY

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