Well, last week’s Forex fireworks never happened. Which was kind of disappointing. But all is not lost, the setup has now become a ‘Low Risk Entry Point’ on the US Dollar Index. Which means we’re waiting for confirmation – and I’ll be watching the 99.80 level for a downside break.
In the meantime, we’re in the middle of the Tax Time Seasonal Pattern – with a couple of days to run on the downside, before the bounce. Let’s see what happens next week.
Good luck with your Emini trading next week.