Forex
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After positive sentiment swept across Wall Street into the close, there are hints of a near term unwind to USD strength and a rebound in indices.
After a day of consolidation yesterday, as US Treasury yields start to drop again the USD is once more being sold. A more positive outlook to risk appetite is helping metals, equities and crypto.
Trendlines in trading explain how prices are moving or breaking out. They connect different price points to reveal the direction in which an asset’s price is moving.
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