The chart below was posted late yesterday, reflecting two of the larger bullish and bearish wicks I have witnessed in YEARS, in the Currency markets! (see post here)
Below is an update to the Wild currency action, as the Dollar is now testing a breakout line as support…
CLICK ON CHART TO ENLARGE
I continue to believe the “ROCKING CHAIR MARKETS” have much to do with the back and forth wild action in the currency markets!
Fibonacci and channel resistance at (1) was huge yesterday….The support test at (3) is equally as large right now!