USD Turns Bearish And What That Means For Other Markets
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USD has turned down recently as stocks stabilized. ECB raised rates more than expected so it seems that the EURUSD currency pair can go higher from here, especially based on the Elliott wave analysis. In our latest video, I will also cover Aussie which I think it has a lot room to recover as pair breaks out of a wedge, also called an Elliott wave ending diagonal. All eyes will be on AUD CPI and FOMC next week.
Video Length: 00:22:01
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