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Because of the level at where it is I am trading on an M5 chart (eurusd) with tight stops and going in after a retracement Building permits news 2 hrs 38 mins
be interesting to see if it blows through or just gets stuck again, might need some news to give it a push, will have a look at futures volume later when i get time
Very interesting, good post, I have put your arrows as vertical lines on my chart to see what the currency strength looks like between USD and the YEN
Risk off demand for yen ?? trade spat US and China
Just thinking, I wonder if it is to do with how they calculate it ???, I am now on U8 contract month
DXY flat H1 down to M5 gbp vs usd note TP did not take (fxpro)