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On Charts FOMC Meeting Gave Weakness To The US Dollar

News Date: 8/10/2014 15:56:15

Brutal waves from important levels was seen on all USD charts, declaring a potential switch in the market, the Dollar is strong and it’s time to correct after pushing all charts down for more than 3 month.

EURUSD above 1.27 GBPUSD above 1.61 Gold Above 1220 all show that the market might be switching direction and the normalization the FOMC meeting mentioned might be to let supply and demand again in control of price action on our charts.

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