EURUSD Breakout Falters as Market Doubts Fed Commitment
EURUSD’s breakdown reversed before the minutes were released, but they didn’t help. Ahead, the focus may shift back into growth concerns as we approach NFPs
Source: dailyfx.com
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EURUSD’s breakdown reversed before the minutes were released, but they didn’t help. Ahead, the focus may shift back into growth concerns as we approach NFPs
After weeks of falling into an ever-constricting range, EURUSD finally forced a break on a Dollar-driven dive through 1.0580
We are moving into the final week of the trading year with heavy seasonal expectations baked into conditions. Most assets have made efforts to normalize or break tight technical patterns