Allords should finish up to flat next couple of days if these charts are anything to go by, I still cannot believe the strength of the late week rally last week that saved the weekly from breaking down.
My own thinking is that we are starting to build the right shoulder of a H&S top on the aord/usd ratio and that we are unlikely to get a close above the 50dma on the weekly chart, looks like we could have a few more weeks of strong equities weak usd before we roll down again.
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Allords should finish up to flat next couple of days if these...
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