dollar is currently at 95.5 – if i “forgot” to buy then should i wait for some correction or should i buy now (full position), it would be nice to enter at 94 at least but i dont want to wake up at 98 or 100..
The dollar got pretty overbought pretty quickly. It’s probably going to need to consolidate for a day or two before continuing.
Watch EUR/USD 1.1050. If it breaks, then the rebound of the euro is definitely over
so i should buy now because waiting for 94 might end badly ?
Stay on the sidelines for another day or two and see which way the currencies go after the Fed minutes.
muted response post FOMC minutes. Gary what have you got the break out at? A test and bounce should confirm
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