Saturday, 15 September 2018

Dollar Is Closing in On a Break that Either Extends Trend or Triggers Reversal

The Dollar’s range is starting to represent one of the longest periods of indecision for the currency in four years. A break is inevitable but the question is ‘how soon’ and whether it will neatly fit the head-and-shoulders.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...