AUDUSD, EURJPY, USDJPY, AUDNZD, NZDCAD and many other currency pairs are all setting up for 500 pip plays and we want to be ready for the action!
DXY needs to confirm with a clean break out on the daily chart (it's nearly there) and we need to get past FOMC minutes on Wednesday but barring anything super crazy happening there, we should see a clean move on USDCHF.
If GBP panic movement was a sign of things to come, I want to be long USD against most pairs as the moment but we need just a little more confirmation.
DXY needs to confirm with a clean break out on the daily chart (it's nearly there) and we need to get past FOMC minutes on Wednesday but barring anything super crazy happening there, we should see a clean move on USDCHF.
If GBP panic movement was a sign of things to come, I want to be long USD against most pairs as the moment but we need just a little more confirmation.
Jared Johnson
Union Hedge Funds
Union Hedge Funds
