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Daily FX wrap 4-20-2010

From tradingviews.com

One of the most apparent trend lines in the market the last 2 months is the uninterrupted trend line of the $SPX on the daily chart. At least 3 times a day for the last 5 weeks on TradingViews.com I have showed you this trend line. It is the line in the sand that should help you devise your trading plan. Understanding the relationships in the FX market currently is equally important. Every single time we approach this line, we pivot and head higher. If you are playing the short side on the USD, you short on every approach of the line. If you are a USD bull, you exit your trades at these levels. Now, trading is not ... (full story)

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