Admiral Markets - Analytics

    Admiral Markets

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    Weekly Forex Overview: Impulsive EURUSD & USDJPY

    Both the EURUSD and USDJPY showed impulsive price action last week and seem destined to continue with that bearish USD momentum. The GBPUSD is in a contracting triangle chart pattern but which side will see a break? And the AUDUSD shows double divergence and a pending reversal could be near.

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