Forex technical update 7/5/2010 – week starts quietly setting up consolidation patterns
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lipForex Technical Update 7/5/2010 Fan Yang, CTA FXTimes This week started with consolidation of last Friday’s USD-negative moves in the EUR/USD and GBP/USD, as well as consolidation JPY- crosses in the GBP/JPY and USD/JPY. The market was very quiet in the US session however, as banks in the……