Forex Today: Stocks Up; Dollar Down

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Stock Markets Rise Strongly in Asia; Market Awaits Australian, New Zealand CPI Data.

briefly traded earlier at a new 7-month high, but quickly reversed to trade back below its key resistance level at $1.2437. remains valid, and we have seen Copper make a strong bullish breakout.

These assets are attractive to long-term trend traders in the long direction right now, as higher prices here are likely over the coming days.new global coronavirus cases decreased last week for the fifth consecutive week, but there are serious doubts over the veracity of China’s official statistics, which almost certainly dramatically understate new coronavirus cases.million with an average case fatality rate of 1.Top Forex Brokers

 

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