A rather quick update here as markets find a floor rate differentials as widely anticipated. It is no surprises for those following the chart previously:
For the technicals, those with a background in waves will know this is a textbook example of an ABC correction after a 5 wave sequence;
Things are a lot clearer in the FX board as we begin the flows in EURUSD:
Thanks all for keeping the support coming with likes, comments, questions, charts and etc. As usual jump into the comments with your ideas and views to open the discussion for all!
For the technicals, those with a background in waves will know this is a textbook example of an ABC correction after a 5 wave sequence;
Things are a lot clearer in the FX board as we begin the flows in EURUSD:
Thanks all for keeping the support coming with likes, comments, questions, charts and etc. As usual jump into the comments with your ideas and views to open the discussion for all!
