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USD in consolidation modus

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Wednesday, the dollar was in consolidation modus. In technical trade the US currency slightly lost ground against the euro and the yen, but the moves were not really significant. There were few eco data with market moving potential. Equities/global market sentiment also failed to give a clear guidance. EUR/USD closed the session at 1.0743 (from 1.0724). USD/JPY ended the session at 122.86 from 123.15 on Tuesday evening. This morning, Asian equities show a mixed picture with mainland China

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