The move, however, was on the back of shrinking open interest and volume, indicative that a deeper pullback is not favoured in the very near term.
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However, the recent bounce produced a massive upswing that has cleated two critical barriers, signal the buyers’ strength.
The week ahead will be key for the US dollar and volatility could be about to pick up.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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