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The dollar weakened as renewed U.S. tariff threats clouded global trade prospects following a Supreme Court ruling. Asian markets reacted to the uncertainty, with the yen showing slight weakness after reports of U.S. intervention discussions. The European Union postponed a trade deal vote amid these developments.
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As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
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