500 pip trades are setting up everywhere, especially here!
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
