In my previous forecast last week, we made no weekly forecast, as there were no unusually strong counter-trend movements.
Fading strong weekly counter-trend price movements is the basis of ourWe again make no weekly forecast, as there were no strong counter-trend price movements last week in the Forex market., due to the complete lack of any high-impact data releases, with only 30% of all the important currency pairs or crosses moving by more than 1% in value. Directionalnon-farm payrollsLast week was dominated by relative strength in the Canadian Dollar, and relative weakness in the Japanese Yen.
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