Dollar lower as Yellen trudges through her speech

Technical Analysis

Author: Greg Michalowski | eurusd

4000 word/6 pages single spaced

Yellens speech is 3,999 words and 6 pages in length single spaced. She weaves her way through the good and the bad, she used the word optimistic 4 times and the word "but" 18 times.  The dollar has moved to new lows, choosing to interpret the two sided view to be indication a June hike is not in the cards.  That is the view so far at least.....

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