- EUR/USD can go down
- The ECB is spooked by currency strength even though EUR/USD is near its long-term average
- China has not completely lost its trading mojo (it sold large amounts of EUR/USD ahead of 1.4000 and was able to buy some back in the 1.3860s within hours, despite having 1.40 barriers triggered)
- Gold can go down too…($1326 from $1364 highs)
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So what have we learned?
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