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Technical Trade Levels: Dollar, Euro, Sterling, Yen, Loonie & Gold

Technical Trade Levels: Dollar, Euro, Sterling, Yen, Loonie & Gold

Michael Boutros, Strategist

Weekly Technical Trade Levels on USD Majors / Commodities

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Dollar Recovery in Focus – Gold at Risk for Larger Correction

An in-depth review of the USD majors into the start of the week. The DXY continues to build on a rebound off long-term uptrend support and the Majors are poised for some decent moves this week. A look at the technical levels for the Dollar Index, EUR/USD, GBP/USD, USD/JPY, USD/CAD, NZD/USD, AUD/USD, USD/CHF, Gold & SPX.

For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

Key Event Risk This Week

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---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michael on Twitter @MBForex

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

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