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US Dollar Price Action Setups: Prepping for Pullback? EUR/USD, USD/JPY
Trends don’t build in straight lines, but you probably knew that already. And, to be frank, after watching USD for the past year you could be forgiven for being mistaken of such a fact, the bullish trend in the greenback has been nothing short of astounding. From the May 25th 2021 swing low, the USD has gained 16.36%. And while that may not sound like much, particularly if we’re comparing to stocks or bitcoin – this is in an unlevered currency, making the size of that move all the more astounding. Along the way, we’ve seen some significant trouble price-in to counterparts. The Euro has seen the bottom fall ... (full story)