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Faster Rising US and German Yields Causes A Drop On EURUSD

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Mar 08 2021

Hi traders,

I hope you had a nice weekend.

In this new video update, I want to look at US-German yields differential as this may suggests where the USD can be headed next. However, technically the DXY downtrend is not completely invalidated yet, so rather than shorting EURUSD , look at USDJPY instead where I see more upside after retracement.

Have a nice day.

GH



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