Its a bit sad to say but all the conditions are met to call it short. It has just faked breaking it previous high with an aggressive step in of the sellers confirming my descending trendline and a retest of the shortterm ascending one. Maybe the "Death of the Dollar" is finally not a myth, after all...
The sellers turn might just be about to end as buyers showed their presence with a strong momentum with the last seller completing the last test phases. The fact that AUD has a long term strength (+5) makes me a little hit enthusiastic about the trade. USD Tokyo -6, AUD -5 but Daily +5
USD is closing very weak (-7) and JPY a little more positively neutral +3; which should be enough to be able to drive price down. Price pattern is showing lower highs without lower lows (yet) as if the buyer is loosing stream. Short with SL a little bit above the previous peak in case it turns out to be a range.
CAD Is sitting intraday on a more neutral number after London; same for CHF but the strength of CAD from the long term perspective is making me buy in anticipation. The trigger is a false breakout + price holding above MA