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Mr. Market Trying To Check Out Of ICU

posted by Avatar ejc 293 days ago in USD, EUR, Technical

EUR/USD has firmed back to the 1.2180 level that contained the first wave of selling after the break of 1.2215/20 this morning after a rebound in the US equity market. 1.2220 is further resistance if the 1.2180 area is overcome.
Sliding stocks imply more QE and more QE implies rising stocks. Can’t lose, right?
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