Dollar continued to see volatility all over the place, giving up ground to the majors except for the JPY, AUD, and NZD. We continue to take a cautious stance on the market as the lack of correlation between the majors puzzles us. Recent breaks below/above support and resistance levels havent been met with a lot of resistance but the lack of follow through is whats concerning. These large pull backs are most likely retracements, and at this time, were looking for confirmation.
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