Lot of tension going back and forth - zooming out for a 40,000ft view, are we setting up for a nasty DXY spike up?
Looking to go long USD pairs.
Nota
First test - can we punch above 89.71 (S3)?
So far, so good... NZDUSD has puked, USDCAD is lagging a bit, so's USDCHF which I was expecting to be my lead indicator. All eyes on the data this week for sure.
Nota
Twice failed to punch above 89.71... now a 50% test... do or die on the dump.
Nota
Headed back for a retest of 88.46... time for minor low, will watch idea for now.
Nota
NFP has come and gone... but on the 4hr it still looks like a lower high. I'm still biased to USD strength, but really want to see either a breakout & pullback, or go make a new minor low then start loading up.
Trade attivo
Happy with the failure to punch through 88.50 - loading up on USD longs (USDCAD favoured)
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