Day 521: Dollar loses it’s groove

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It’s been tricky with the dollar today because it was quick to drop despite great CPI data. Other than Dollar’s unexpected drop, things were pretty quite today. Many people, including me have gotten tricked by the falling dollar because many charts has a set up for a nice dollar long trade. With that said, I’m holding onto a long USD/JPY trade. I still smell a dollar rally cooking up.

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