Weekly Technical Forecast: Equities’ Tumble and Dollar Correction Threaten Lasting Volatility, Return of Correlations
While there was a wide flush in risk-leaning assets this past week, the steepest declines were registered by the US indices. While these benchmarks did collapse, they have yet to crash through multi-year trendlines. If these floors go, beware reversal patterns for EURUSD, Yen crosses and other key assets.
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