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I think this rise in dollar is temporary.
I think we should buy eur/usd at 1.0300-30, with a stop loss around 1.0200, target 1.0550.
The dollar rose to one of its best days in months, as a very strong manufacturing report pushed stocks higher and forced many currency traders to cover bearish dollar positions. But I think the trend is still down. this is the beginning of the year...
Good luck.
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Nicolas Longchamp, Realtime Forex.
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