EJ took a plunge last night, after after the Fed lowered interest rates by a quarter point, much to the market disappointment. The EJ fell almost 300 pips overnight, currently trading at 162.64 after dropping as much as 161.90. I expect the price to consolidate before market sets its next direction. I have one buy post by the way..
Looking to sell should the price goes up to 164.50
Daily Pivots: 157.96, 159.93, 161.04, 163.01, 164.12, 166.09, 167.20
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