USD$ crashing? Are you jumping on the media bandwagon with using sensational verbs? Yes there is a sell off in USD I am not doubting that. I have a nice short USDCHF hopefully heading to final target but I wouldn't call USD crashing at this stage!
USDX D1
I am not surprised price will head to either lows and mount a fresh bid as the banks square off their shorts at key liquid areas. There is historical support sitting there so I don't take things for granted in this game. The 'no brainer' is the one the banks wants you to think! Look at XAUUSD last week when I am pretty sure a lot of goldbugs were thinking it was attempting a breakdown? I thought otherwise although I did not take a position because I don't like congested areas and I don't like holding intraday trades unless it is very obvious. That eas a subtle signal I posted the chart on but at the time I had a higher probability price would expand and test the edges but now when. It took a week in this range play.
