The Euro initially gapped to the upside to kick off the Monday session, but then plunged rather drastically to pierce the 50-Day EMA. The market then turned back around to show signs of life, as we are now starting to rally again. At this point, it becomes very obvious that the market is all over the place and will more likely than not continue to be. After all, there’s a lot of questions as to whether or not the Federal Reserve will raise interest rates this week, as we are starting to see questions about the banking system globally.
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