Yay! It's a new week ????. Yet it isn't a new beginning ????! The momentum from Friday's dismal NFPs is likely to carry on in the early part of this week. Are we going to see a break of US dollar index range support or would it hold? Fundamentals say the bottom should hold. The US dollar is the probably the most reliable currency investment as we enter a period of global Central bank policy uncertainty from London to Frankfurt to Tokyo; Not forgetting the US elections (isn't it ironic that even when the US is the source of uncertainty, the USD is still the safe haven investment most times? ????). Well no need to cross bridges before reaching them. Hope the noise settles soon and clear patterns emerge! Happy trading.
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