As the deadline for the debt ceiling approaches, municipalities are feeling anxious about the prospects of increased borrowing expenses and reduced federal expenditures.
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Local Governments Anticipate Impending Debt Crisis
By JamesUpdated:No Comments1 Min Read
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Next Article This article is about the recent USDCHF market update, which shows an incomplete bearish sequence in USDCHF since October 2022 and December 2016 highs. In simpler terms, there has been a decrease in USDCHF value that has not yet reached its end. This decrease will be extended lower and bounces (temporary increases) will fail in 3, 7 or 11 swings. After rallying for three waves in the first blue box area, the pair found sellers and reacted lower to eliminate risk on their shorts. A new blue box area has now been established, and USDCHF is expected to experience a double three Elliott wave advance.