IDEA 6: USD correction looming? 2/16/23
Updated
I am a little uneasy with what the charts are telling me. I covered both EUR and AUD shorts during the London/NY overlap session. The powerful bounce off the low of 1.0655 convinced me.
There MAY be a correction looming for the USD. USD/JPY are also giving bearish signals.
But as always, tread lightly. Wait for confirmation.
There MAY be a correction looming for the USD. USD/JPY are also giving bearish signals.
But as always, tread lightly. Wait for confirmation.
Note
So far, so good. I'm short USD/JPY at 134.90 and long EUR/USD at 1.0660.
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