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Dollar Overbought and Vulnerable to a Pullback

The dollar continues to rally, having gained around 3.4% from its early May lows, and has hovered around 104.2 for the past four trading sessions. The dollar is in locally overbought territory against a basket of major currencies, the euro and the yen. The main reason for this is the increase in expectations that the […] The post Dollar Overbought and Vulnerable to a Pullback appeared first on Action Forex... Read More

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Content Topics

Dollar

Overbought

Vulnerable

Pullback

Forex

Posted: May 30 2023, 11:34

Author Name: actionforex

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