STOCKS & GOLD RESUMING SELLOFF? USD POST CPI RETRACEMENT #FOREX
RISK assets enjoyed a nice rally post CPI and PPI this week, but they are stalling be it stock indices like SP500 or NAS100, GOLD also is topping out on approach of 1800 level w FX pairs chopping about as well - the only thing thats preventing for USD to rally at the moment is the fact that YIELDS are still being discounted from the CPI data and they are coming into 382 uptrend fib support soon which once done should produce a bounce and thus allow for RISK assets to start selling off again. #forex #apexbull #trading
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