There are some signs that the USD could have a severe adverse move. We need to see more price action, but the charts are not insignificant. We are being very vigilant of these trends. We are USD bearish, albeit mildly, and watching for signs.

USD weakness would coincide with RISK ON, this is a pivotal spot for many USD pairs. Here are some CHARTS.

GBPUSD (Daily): a possible BULL FLAG formation. The price is sitting at a long term FIBO level, this is a critical spot.

USDCHF – We could be at the onset of a WAVE 5 move.

We are watching for signs. Nothing here is actionable yet, we just find these charts relevant and want to keep track of where they may lead.