Watch These Key Levels In the Dollar And Euro

Jesse Colombo: In my last currency market update, I showed some technical patterns forming in the U.S. dollar and euro that I said may lead to a big move. Because the prior trend was up for the dollar and down for the euro, I questioned whether the resolution of these patterns would lead to another move in the same direction (as these consolidation patterns often do), but I explained that these patterns needed to be confirmed by a bullish breakout in the dollar and a bearish breakdown in the euro for them to be valid.

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