A Tale of Two Currencies
The yen buckled and gapped lower (again) today. This is looking bearish ...
Meanwhile, the US dollar closed back above its 20-day moving average. This is short-term oversold. We may be in for a furious short-covering rally.
Meanwhile, the US dollar closed back above its 20-day moving average. This is short-term oversold. We may be in for a furious short-covering rally.
Labels: US dollar
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posted by Sean Brodrick @ 5:18 PM
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