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With crude oil attempting to break to the downside out of a large triangle, I believe inflation could continue to decrease in the coming months. This could help keep the dollar in a downtrend, especially since the Fed may consider more rate cuts this year—unless the economic situation dramatically changes in the next month or two.
In the video below, I will also cover the Euro, as it should be on my watchlist due to its attempt to break out of a significant range.
Video Length: 00:06:52
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