I think the USD is over-bought currently and I am expecting a move lower in the USD Index. This means I can take a basket trades - Long EUR/USD, GBPUSD, AUDUSD, NZDUSD, XAUUSD - Short USDCHF, USDJPY, USDCAD
- Waiting for a break below the trendline - Stop Loss when price takes out 11077 on the index - Target - when price reaches the outer trendline or the 1.27 extension and index makes a lower low !!