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Signs of exhaustion apparent in USD/SEK

Outlined from an hourly perspective, the [pair] is being carried into new low ground but reflecting an extremely low volatility.

Usually associated with the formation of narrow consolidation ranges, there is a chance for volatility to expand again and for price to break out and start a new upward trajectory. Conversely, an extra selloff is also likely should the immediate range support fail.

Traders are advised to maintain a degree of neutrality until a strong break in either direction ensues.

USD/JPY lurched lower and hesitated

USD/JPY lurched lower and hesitated
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EUR/USD trades in tight range below 1.18 as DXY preserves daily gains

After falling below the 1.18 handle in the European session, the EUR/USD had a tough time retracing its daily losses as the demand for the greenback r
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