Strenght in the usd this couple past days. Probably due to the fact that it is so obvious that the Fed will make the rate hikes.
We will be careful this week, nevertheless, this trade looks really good. let's see if a good buy set up comes up, and if it does, BANG IT.
After a bearish week previously I am looking for additional trades short after profiting from the initial break of the inside trend line. A little retracement up to 1.2400 area could provide an optimal short opportunity with targets down at 1.2500 with a 2:1 risk reward.
if market does not retrace, a strong close below 1.23113 will also provide a decent shorting ...