We move into a new trading week and season with critical technical levels under pressure or collapsing. The US indices are on the cusp of volatile but rigid ranges while the Dollar has extended its charge to a fresh multi-year high. Breakouts are likely, but follow through can remain a tripping point if not properly appointed with speculative momentum. Be ready for transition in market conditions.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
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