We exited long USD trades last night and into this morning vs the EU related currencies EUR, GBP as well CHF, and the short SPY as well QQQ entered yesterday ( and days prior ) are really taking shape.
An interesting turn in markets ( once again likely catching many off side ) seeing that USD will likely continue to seek “lower lows”.
The “quick catch” and reversal in USD coupled with the “line in the sand” drawn in both The Nikkei as well USD/JPY have us in absolutely amazing shape “prior” to the correction even starting.
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