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USD reaching resistance level

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Today's Highlights China shares cause another shock USD reaching resistance level FX Market Overview The global markets were once again shocked by the slump in Chinese share prices yesterday. The Asian, European, UK and US markets all followed the Shanghai index decline like little lambs but we have seen a little more stability overnight. The Japanese Yen is considered an Asian safe haven and it strengthened as the Yuan declined but the Yen weakened a little overnight. Weakness in the Chinese

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