Dollar lower but off the lowest levels. Stocks show some upside reluctance too. The USD moved lower and the stocks moved higher after the weaker CPI data, but there is some backtracking going on that needs monitoring from a technical perspective. In this report Greg Michalowski of Forexlive.com takes a technical look at the EURUSD, USDJPY, GBPUSD, AUDUSD and the S&P and Nasdaq indices. |
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