Analysis

US Dollar needs to bounce and produce a set of lows on the index, which will provide relevant information for most dollar crosses this week. I am most interested in the usd/jpy followed by the usd/chf pairs to take shorts. Of course this is before having seen the bounce. If we don't find support there are no positions open to us.

As said in the analysis I would look and I will be looking at many crosses this week for opportunities as the dollar seems to have some longer term agenda that might take a week or so to fully develop.

Good Trading.