Dollar and Yen May Have Set Major Lows - We're Watching these Levels
- Retail forex traders have sold aggressively into Dollar and Yen strength
- Technical forecasts warn that major currency pairs are near critical turning points
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
A major shift in forex sentiment warns that the Dollar and Yen may have set significant lows versus the Euro. These are the critical price levels we’re watching.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.