(Video length 00:29:35)
The Yen has had no rival this week as the deleveraging in financial markets continues to follow its course at a rapid pace. The psyche of the market has clearly permuted from Trump's tweet just a premeditated tactic to real fears of a no deal or at least a prolonged delay in an eventual agreement. The purpose of these institutional-level chart studies is to provide an assessment of the market conditions for the next 24h of trading in order to assist one’s decisions on a regular basis and/or educate traders on their understanding of the FX market.
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