Currency Positioning and Technical Outlook: Mostly Cloudy, Chance of Rain

There are times that we find the technical picture for the currencies to be clearer than the macro economic fundamentals. This is not one of those times. A key challenge for traders is to determine whether it is a trending market or a sideways market . The problem is that presently it is simply…

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Currency Positioning and Technical Outlook: Mostly Cloudy, Chance of Rain