FX indices: both close with small bullish candles.

Both FX indices have closed with small bullish candles but the story might be more in their ‘shadows’. The USDX candle closed with a long lower shadow giving this a somewhat bearish tinge and the EURX printed a long upper shadow giving this a bullish-reversal ‘Inverted Hammer’ appearance. Either way, both remain in their respective Flag patterns so breakouts from these need to be seen, IMHO that is, before and decent trending FX markets will return.

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