The current UP MOVE on this pair has started since 1 day with no signs yet appearing for the next DOWN MOVE, however, I will look for the level between the green and red lines to short this index since USDJPY & USDCHF are moving lower which gives me a clue that the current UP MOVE on this index is not the right direction of the market even it is a strong UP MOVE.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.