Finally, the USD is having a rest from the bullish trend, and this is a good signal. It means the big institutions are starting to use their cash for buying risky assets. Usually, this USD distribution process is called wave 4, then we need a new high in the USD to complete the sequence, and from there, a big leg down will be expected. While the process is completed in the USD, an accumulation is in progress on the EURUSD and the SPX500.

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