We have a DeMark 13 countdown sell today in DXY so expect the USD rally to end within the next 1-18 days. I would sell DXY below the low of the 13 print if we close here today.
Sell below 94.10 for aggressive entry or sell below the low of the first opposing 1 print of a buy setup for safer entry. Target 89.50
Trade activated today. I would expect significant USD selling now.
Still live here. The large buying last week was more a sell the Eur event on Draghi comments, but as rate hikes since Feds show, these are bearish for the FIAT paper, but who will be weaker? Euro or USD??