Hello traders! Stocks are higher and the USD reached new lows against the majors during Asian session.
It seems that this type of a price action will continue this week, especially after a sharp impulsive break on EUR/USD yesterday out of its 6-day consolidation range.
USD weakness is also seen across the board because of higher commodities. Gold and oil are looking very bullish after reversal from the lows few sessions back.
For more detailed analysis please check new video analysis below.
Guest post by Gregor Horvat
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