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The Euro-Dollar spread is something technical analyst Chris Kimble like to follow. Here is his latest snapshot of the pair.
Chris comments: In the past when the spread between the Euro and the Dollar was very wide, trend reversals took place in these currencies, which rippled out into many other asset categories.
Not only is the spread between these two very wide right now, the patterns are suggesting a change of trend as well.
In the past, this setup created huge opportunities and I suspect this time "it won't be any different!"
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