IF price action confirms ema 13 crossover I would short for the first target at 116. Ill be watching closely for price action confirmation. RSI divergence on double top could indicate a heavy fall.
On the fundamental side, news that could enable this kind of move could be coming out on January 14/15 with core machinary orders and tertiary industry activity numbers coming out.
On the fundamental side, news that could enable this kind of move could be coming out on January 14/15 with core machinary orders and tertiary industry activity numbers coming out.