Weekly Technical Forecast: Will Liquidity Define the Equities, EURUSD and Oil Reversals?
A range of ambitious technical moves were checked this past week. Equities’ return to bear trend steadied, the EURUSD pulled up from a break to 16-month lows and crude oil finally broke the fever of a record breaking 12 consecutive day slide. Are these purposeful reversals or merely a pause in anticipation of next week’s liquidity conditions?
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