All markets are REALLY on the edge right now - all major FX pairs recently get above/below 21 daily MA, so technically they should begin new big counter trend move, however I wouldn´t say so. Although the USD/CAD is above 21 daily MA, I am seeing just finished WXY correction. There are two bearish divergences on RSI (on daily and on 1hr chart), VIX is also breaking some decent levels, so stocks should be pretty safe right now, so I don´t see any reasons, why should dollar continue in strengthening.
I am currently in SHORT, I like setup on low time frames, but I have really tight stop loss, so I may close my short even today with RRR 2, or if I see big short momentum, I may ride the whole wave to new low.
I am currently in SHORT, I like setup on low time frames, but I have really tight stop loss, so I may close my short even today with RRR 2, or if I see big short momentum, I may ride the whole wave to new low.