Looks like I was right about the DCL (daily cycle low) for the days around the FED announcement.
It's moved from 1.70 to 1.62 on tiny volumes. The BOTS are working overtime. Probably more to come over the coming days.
I suggest that you don't be suckered into selling through this downturn period. If you want to sell the do it into the usual Santa rally post Christmas. Will it come this year? I'm a stats man so I think it a 70% chance that Santa will still be giving out presents up to the 29th of December.
cheers Lies
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