This is why technicals are slightly overrated in my view. When I first started I thought the charts were all you needed to know. A strict charts guy would say this is simply a pull back, buy at 1.3800 support.
A fundamentals guys would recognize shifts in market sentiment, and see that other asset classes are point towards continued dollar gains if recent data trends continue.
A fundamentals guys would recognize shifts in market sentiment, and see that other asset classes are point towards continued dollar gains if recent data trends continue.
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