EUR/USD finishes multi-day correction higher at 1.3606 and starts next wave lower

The EUR/USD may be in the third and final stage of an “abc” correction lower now with a downside target of 1.3489 to 1.3515.
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Obama set to announce Yellen as new Fed chair at 3pm ET Wednesday

The latest talk out of Washington points at Janet Yellen being nominated as Fed Chair on Wednesday at 3pm eastern time.
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