In 1 day TF, in 4 hour TF, in 1 hour TF and even in 15 min timeframes, the trend is bearish.
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OJ prices have gone up significantly very quickly since El Niño - probably the most among all commodities. Notice, last week price broke minor two month trend line followed by a .618 retracement into the trend line. Below is a chart showing extreme lows in the US Dollar against orange juice prices. My yellow indicator at the bottom must correspond with price in...
I'm bearish for now. Don't see any reason to buy unless we go in the 70's. Will go short if there's a decisive break under 104