Oil futures are settling this morning — just in time to temper yesterday’s low volume algo-fest. DX continues to flesh out a falling wedge that has almost reached the .382 at 92.32.
And, USDJPY has backtested the top of the falling red channel.
Put it all together, and we should see yesterday’s ramp job peter out as discussed yesterday, with targets as discussed in the members’ section.
continued for members…
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