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Grega Horvat of #ForexAnalytix talks about the week ahead in #FOREX. The #USD strengthened last week as stocks declined following Powell’s statement that it may be necessary to raise interest rates once or twice more this year.
However, the USD could face resistance, particularly against the JPY. As the USD continues to rise, there is a higher likelihood of speculations emerging regarding potential intervention by the Bank of Japan (BoJ).
Enjoy the video with Grega, showing you his outlook with Elliott waves. “
#weeklyforexforecast #forexforecast #forexanalysis
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