USD Correction
After the extreme rally that we saw in the USD following the FOMC minutes, a slight retracement should be anticipated. We appear to be seeing it here with this wedge breakout on the downside. Note the large vacuum area between now and yesterday. The Fibonacci's give us some nice intermediate profit targets.
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Join my discord at discord.io/quantguy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.