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Trade Against The Retail Herd 23rd Mar

From technicalanalysis.me

Current positioning is remaining firm, we're seeing the expected pullback in EURUSD, but the pair remains in the strong long zone overall. With the release of the Annual Budget in the UK at 8:30 am EST we expect some volatility with GBP crosses, this could have an impact on retail positioning. New Home Sales out of the US at 10:00 EST is a likely catalyst today if we get a major deviation from expectations. (full story)

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