Here is the EUR/USD which saw a dip after pushing through an upside channel buster yesterday.
The EUR/USD this morning isn't ready to rollover yet.
Since the start of FX trading this week, the pair is hitting a new high, yesterday there was an upside channel buster and as usual it led to a fast move to the lower channel and broke there, but has since bounced back.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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