We have seen a collapse in all indices, we have an overpriced Euro and USD ( $DXY ) is showing a strong reversal pattern.
Our target is 91.70 while SL is just below the support line we drew in the chart.
Long from 89.86 targeting 91.30 as first objective, looking up to 92. GO!
Watch Gold, SPX and Coffee... Coffee is not correlated but I love it. Those are hinting a solid USD for the next weeks.
We stepped out nearly above our entry level. We are looking to enter a new LONG position for next week.
New LONG position at 89.20 with SL at 88.748 targeting the MA of 200 on the 4H chart.
Trade closed manually:
We got bored of this one. Will take profits and cover our previous SL. I am adding on to other positions.