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Thomas Long, Course Instructor

That rate hike should also increase the rollover amount that sellers earn every day at the 5PM close. That is a powerful combination in the world of trading and is a prime example of why the FX markets have become so popular in the last few years. I would continue to look for sells as long as the pair remains below the 1.49228 buy side high of March 29th.
euraud 040610

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