I was expecting that USD may test 80 level, last day’s move suggest that it may go more in the upside may be around 82 level. In fact it has formed a pattern which says that it may test that level in coming days. Therefore that bearish pattern which I said in my last week’s review may remain incomplete, provided if it breaks 82. So coming days are very important for USD, as such from here it can go in either way but last day’s strong move suggests that it may select the northern direction.
(For this week’s review see – World Equity Market: Currency market review (weekly) after 9th ...)
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