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Technical Indicators: Is a dollar reversal imminent?

Started by tfn · 1 year ago

Baltimore — (TFN): On April 29, net shorts on a decline in the euro came in at 21,315— compared with net longs of 18,907 a week earlier, according to the CFTC. Currency strategists now expect the dollar reversal to reach $1.52 within the next few days.

So far, the U.S. currency has appreciated 4 percent from [...]
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