Daily analytical report (20/01/17)

2017-01-20T14:54:10
  • Hawkish Yellen turns dovish in 24 hours.
  • ECB and Draghi did nothing to disappoint traders but the downswing corrected quickly.
  • GBPUSD defends the 38.2% Fibonacci again.
  • AUDUSD bounces nicely from an important mid-term support after making the 5th same correction in a row.
  • EURGBP sellers fail to use the head and shoulders as a trigger for a sell off and now have to pay the price.

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