As many of you know.... I always trade my chart - and I am currently on the long side ( entry @ 109.900 and hoping to see 113) reason why?
Here is my reason:
Trump tone = ''Very Hawkish'' (Trump is talking tough on the Tariffs, and at the same time - I am very mindful of my chart, I am paying attention to 110.574 if breaks? - will take us higher as indicated on my chart but failure to break through 110.574 ? will force me out of UJ long as this might take us south - back to 108 / 107 zone - meaning that: if china and EU spurned to remove Tariffs and Trump did nothing? UJ will run down south like there is no tomorrow; but if trump fire back and introduce the aforementioned consequences that he promised EU & China ? then we are looking at a strong US dollars - with enormous strength for UJ to go 113 region and possibly beyond.
I rest my case :)
and we'll get there in no time -why? how? because Trump' tone on Tarriff is very Hawkish - it's green light