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Dollar pairs tossed and turned in the charts yesterday when FOMC head Yellen gave hawkish remarks but economic data failed to support her upbeat bias.
NZDUSD enjoyed a bit of support in recent trading sessions, as traders squared away their risk-off positions.
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The US dollar's performance was a mixed one, as the currency simply reacted to country-specific events.
EURJPY previously broke below a double top formation on its short-term time frames, signaling that a downtrend is in order.
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The US dollar advanced against its forex rivals when risk aversion returned to the financial markets, with the euro and pound chalking up the largest losses.
After breaking below the short-term support and indicating further downside momentum, EURGBP is showing signs of a potential pullback to the broken support.
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The lack of any top-tier reports from the US or other major economies spurred a mixed performance among dollar pairs in recent trading.
EURGBP made a break below its short-term consolidation, indicating a buildup in bearish pressure and a potential selloff to the bottom of the longer-term range visible on the 4-hour chart.
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The US dollar was back with a vengeance on Friday, as traders booked profits of their short dollar trades after the FOMC statement.
GBPUSD seems to be starting a new trend on its 1-hour forex chart, as the recent highs and lows can be connected using an ascending channel.