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USD Ripe For Some Consolidation After The Recent Rally?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 1, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    EUR/USD touched a minor new correction low yesterday, but the move had no strong momentum. This morning, sentiment on risk turned risk-on in Asia but it doesn’t help the dollar. Is the dollar ripe for some consolidation after the recent gains and given some poor US data of late?[​IMG]

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