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Currency Market: US Dollar Index Is Best Risk-Reward Trading Setup
The US Dollar Index is making a good effort at clearing resistance around the 80 level and the weakness in the euro has certainly helped. Commodity currencies have also started to roll over as the weak jobs number last Friday has clearly put the market back in “risk-off” mode. It seems like a lot of markets are trading around key levels so it is interesting to see the various trading setups as we start off a new quarter. In general I would say a lot of these setups are of the bearish variety which might make some sense with ...
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