Monthly trend is down but price is at a large monthly DZ, not an area to be going short. Price is also at weekly demand then price gave evidence of over-extension with 3 continuation patterns in a row followed by the break of the MoM Trendline, leaving behind, a Demand zone
I would dare to buy the USD up to around 110 as first target and then 111 as second target
@stalin, I agree, ultimately price is likely to to the price level you point out. I am however speaking of more shorter term than longer term. by this I mean a week or so.