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USD
The US dollar suffered a sharp selloff during the New York session as data came in mixed and Fed official Dudley said that the currency's appreciation might be damaging to the economy.
EURGBP recently broke to the upside of its long-term range pattern visible on the daily time frame then zoomed up to the .7750 minor psychological level before showing signs of a pullback.
USD
The US dollar had a mixed performance in recent trading sessions, as it advanced to the commodity currencies but retreated to the yen and European currencies.
EURUSD has been consolidating lately, forming higher lows and lower highs to create a symmetrical triangle pattern on its 4-hour time frame.
USD
The US dollar was weighed down by weak data and dovish Fed rhetoric. US personal spending was flat in December even while personal income rose by 0.3%.
EURGBP is in a consolidation pattern and is currently testing the bottom of a descending triangle formation visible on the 1-hour time frame.
USD
The US dollar had a mixed performance as it advanced to the yen, euro, and pound but gave up ground to the commodity currencies.
GBPUSD recently made a strong downside break from the short-term rising trend line support visible on its 1-hour time frame.
USD
The US dollar gave up more ground to its peers when US data came in mostly weaker than expected.
NZDUSD has formed higher lows and lower highs on its 1-hour time frame, creating a symmetrical triangle formation.
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