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Fresh risk mode elevates dollar for eventual attack at psychological 110 barrier - Windsor Blog
The pair ticked higher on Monday and hit new high at 109.72 (the highest since 30 May), ignoring negative signals that developed on daily chart (last Thursday’s hanging man candle and Friday’s Doji with long upper shadow. Stronger than expected China’s Manufacturing PMI boosted risk appetite and inflated dollar on Monday, signaling an end of …