EUR/USD Short Trade

I have taken a new short trade @ 1.5663, stop @ 1.5720. Target is below 1.5000.

The chart above is the 5-min June Euro futures contract (add .0067 to calculate the spot price). The pair shot up on the BSC news, but then declined in a 5-wave diagonal. It has since been correcting upwards in a choppy manner. I took a short near the top of the ABC correction.

The daily resistance is still containing price. Daily RSI(14) is at 83.64, a (near) all-time record. GLD and SLV look like they've put in their final 5th waves. Platinum and Palladium have already topped. We'll see what happens with the dollar.

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