EUR/USD: Decline Not Over; AUD/USD: Stay Away

Bank of America Merrill Lynch has been and remains USD bulls. “Looking at the USD index, while we could see a pause against the Jul’12/Jul’13 highs at 84.10/84.75, any pause or consolidation must be seen as temporary and corrective,” BofA argues. “Indeed, big picture, the USD Index should …

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EUR/USD: Decline Not Over; AUD/USD: Stay Away – BofA Merrill

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