Excuse, not sure, DXY might be backtesting the break higher, or maybe the Italians defaulted on some bonds or some sh*t. EUR needs to backtest the break higher at 1.10 (kidding of course on all of this), except the resistance level. USD is about due for counter trend bounce. Targeting 1.2094, but realizing that everything is ridiculously bullish, so going to be moving stops relatively close to the action to keep some profit locked in 1.2140-ish for a few contracts.
Trade active:
Looking for punch below 1.2120 for stops to go off for a liquidity run lower. Stops kept at 1.2131 just in case I am wrong and a bit of profit locked in there.
Trade closed: stop reached:
Stopped out, just above 1.2120. Profit is profit. USD does look like it is bouncing though, but the problem with trends like this is that everyone is so committed to the trend that even breakouts in the opposite direction will be fought heavily.