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Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, Oct 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The unexpected decline in US factory output and worse than expected New York manufacturing have increased the possibility of longer term of accommodative policies and resultantly, Dollar has weakened. US Dollar-Index (97.70) is stuck in the range of 97.30-98.20 for the last 5 sessions. The highly overbought condition suggests fatigue[​IMG]

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