The FOMC minutes had an extremely dovish tone today. This will further boost the selloff in USD across all majors. Particularly notable is USDJPY, and EURUSD. Both Kovach Momentum Indicators are solidly bearish, and the price action continues to push the lower band of the Kovach Reversals Indicator. Sell any rallies in USD.
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If you like the Kovach Momentum Indicators, or Reversals Indicator, sign up for access at quantguy.net!
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