USD Showing Signs of Being Highly Overbought - But move may not yet be over |
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The charts shown here provide ranges that are likely. There may very well be some new highs/lows registered this week however I would expect the overall sentiment to start shifting later this week and into the next month or so. That will then give way to additional USD strength. We saw a tremendous sell-off of every major currency against the USD these last two weeks. Candlestick patterns should now be the focus at critical Trend-lines and Support and Resistance. Most currency pairs will Read More...
Filed under: Technical
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