Potential ABCD BAMM Currently Trading At The 800 Day SMAWe have a big potential ABCD BAMM in the works here that could send the USD up to the 2.618 if we bounce from here and we are currently setting up for a Reciprocal CD leg.
We are right on top of the 800 day Simple Moving Average and the CPI data releases tomorrow so we will probably know rather or not this was a good trade really soon after the release of the data.