The U.S. dollar is set for the sharpest 2-day drop this year on a dovish Fed; the Federal Reserve signaled that is ready to cut interest rates as early as next month to boost growth.
Technically speaking the market rallied - as I wrote in my previous FOMC idea that higher time frame momentum is strong - for now the shorter term momentum is surging as well and price action been trading within a multi-sessions bullish channel, seeing scope for another move towards 1.1413.
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