Pro:
1. Euro looks like it has turned over pretty hard from the 1.13s it was printing this week
2. Euro COT is definitley bearish
3. DX is major oversold
4. DX has a clear bounce from supply zone
5. DX wedging hard and bounced 2x on that lower trendline
6. Close above the the weekly 21ema at 94.66
6. No liftoff on 2015
Con:
1. Could continue downtrend to 92
2. 92 is the 9ema on monthly
1. Euro looks like it has turned over pretty hard from the 1.13s it was printing this week
2. Euro COT is definitley bearish
3. DX is major oversold
4. DX has a clear bounce from supply zone
5. DX wedging hard and bounced 2x on that lower trendline
6. Close above the the weekly 21ema at 94.66
6. No liftoff on 2015
Con:
1. Could continue downtrend to 92
2. 92 is the 9ema on monthly