Forwarded fromFXStreet Forex NewsIan Coleman here The Fed may have cut rates by 25 bps, but dont get carried away by the EURUSD spike.This rally wont last The Fed is signaling only one cut next year, USD buyers are already stepping back in, and the chart is forming a classic Wyckoff distribution zone.We could still see a final push toward 1.1728 for an Elliott Wave exhaustion before sellers step in and cap any further rallies If you trade EURUSD, this setup matters.Full breakdown here #fedratecut #wyckofftheory #elliottwave #fxstreet
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