US Dollar Remains Strong, but Key Signs Warn of Important Reversal
- We’re watching key signs for potentially significant reversals across USD pairs
- Reversal risk seems especially high for Aussie$, JPY seems stable
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The US Dollar continues to trade to fresh peaks versus the British Pound, Euro, and other counterparts. Yet these signs show high risk of reversal in key pairs.
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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.