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Dollar is The King Again

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In today’s Traders Edge Market Briefing, Tomasz found those amazing setups we thought you’d find interesting!

Nasdaq creates bearish engulfing pattern and goes lower

SP500 still trying to defend the 23,6% Fibonacci support.

Dollar Index breaks the neckline of the iH&S formation and goes higher

USDJPY breaks the 105.2 resistance and successfully uses it as a support

EURUSD falls and aims the 38,2% Fibonacci

EURAUD is testing the upper line of the rectangle pattern

GBPJPY creates inverse head and shoulders pattern. One thing left for the proper buy signal is the breakout of the neckline

#USDollarIndex##FX#


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The USD bulls seemed rather unaffected and largely shrugged off warnings by various Fed officials about the need for further stimulus measures to sustain the recovery.

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