$USD poised for a fall…
USD has been diverging with momentum indicators bearishly and is set to drop, IMO. The descent down to the neckline of this H&S may be somewhat gradual, but once it breaks, it should lead to an epic decline.
Posting this on the day of the FOMC, before the statement, means my take should be disproven pretty quickly (for example, if the USD shoots up and take out the August high). Let’s see.