Not a bad area to go short, but looking at DXY we can expect more upside.
USDJPY took the lows (stop hunt) and am looking at upside targets at around 114. Remember this correlates with JPN225 and that is also bullish.
Notice how they took out all of the lows with one wick and had a major move upwards. That shows that this chart if bullish and our objective is the OPEN PRICE area. US 10 year Bond Yields correlate positively with the US Dollar.
We have a bullish candle stick pattern form on the daily on top of one of your important FIB levels (79) and that indicates bullish moves to come.
We had a huge rejection of 1270 and there seems to be a top being created on Gold. Look to short around 1265 areas.