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Euro snaps ten year downtrend vs US dollar

 

Euro snaps ten year downtrend vs US dollar

Courtesy of 

The last time the Euro trended higher against the dollar was in 2017, which is also the last time international stocks outperformed the S&P 500. The dollar breakdown I talked about earlier this week continues to attract the attention of traders but the notice of the press.

Here’s the EURUSD pair breaking out of a ten year downtrend…

 


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