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Thursday, January 18, 2018

EUR/USD Bounces from Fibonacci Support, the USD Pain Trade Continues

The pain trade in the U.S. Dollar continues after short-term resistance came-in off of the 2017 low. This has propelled EUR/USD and GBP/USD to fresh highs, but how might a trader approach the prospect of trend continuation?

from DailyFX - Daily Briefings

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