Just made a chart to combat the bulls in here. Looks like a definite down to me. Prove me wrong. JXY DXY Be cautious bulls.
Trade active, short UC, hold for about 90 pips. Easy in and out.
Already opened position, but figured I'd put a chart up for it as well. Short.
Downtrend, could break the wedge. Will look into it next week and update idea.
If price breaks the downtrend, then 500+ pip jump over time back to previous resistance.
Short setup for Euro / British Pound
Short EURNZD, fib tested, take profit as shown.
I think it's gonna go up to resistance and possibly break it
If it doesn't break previous resistance, then short. If it does, look for a bullish entry.