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Holding Long US Dollar vs Euro, Aussie and British Pound

Holding Long US Dollar vs Euro, Aussie and British Pound

Ilya Spivak, Head Strategist, APAC

I entered short EURUSD at 1.2982 and continue to hold the position, aiming for a revised downside target at 1.2619. The Australian Dollar has now cleared support and I've entered short AUDUSD at 1.0381. A short entry order to sell GBPUSD at 1.5850 has likewise been triggered.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.