Several signs show there is a potential for a short, the chikou is crossing price soon and longer time interval momentum indicators are heading downwards. This pair is still weak and after last retrce this looks like a good point to enter. If the DXY idea published before holds, this one should follow suit.
Trade safe and good luck.
Trade safe and good luck.
Note
Back to square one. I took some profit before, part sill open and will think on open more again.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.