There it is 1258.12 precisely is the short term top with stops taken out. A very shallow stop sweep this time right on the key session and I would have to say the likelihood of a breakout is slim since we are in a congested tight range for many weeks now. USDX is at the base so I am skeptical of a USD sell off breakdown.
Attempting another breakthrough as I write so I'll watch with keen interest
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Dusko Ljubojevic, MD
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