Right now usd looks to regain some strength... If it does not the trade will be invalid. We need 1.0685 to break. If so it will be a good indication we are falling. If we do not get that eu will rise heavy to 1.0785/1.09.
had fallen for days... We will attempt a buy because we expect bulls to take over usd. If not usdjpy 0.28% will free fall after this area. We like the risk to reward. We expect this trade to take effect in the next 4-5 hours.
We have several fundamental factors I think will rise the usd. Friday is a key time and this trade is looking better and better each day. Tea cup pattern gives us a second confirmation. My long term last tp for dxy is 108/110. We will see how it goes. I like the risk to reward here.