I'm expecting this to complete the move to the bottom of the Daily channel Currently it is approaching the 78.6% fib retracement of the previous high This is possibly a good point to go short The pair may go straight through the channel bottom.
Hope this helps Good luck Steve
Komen
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Anyone in this trade should consider setting sl to zero just in case it rallies today. A fed interest rate rise is expected but we never know what is going to happen or how the market will react. Caution required