05/09/2021

We believe this is actionable. Sentiment has turned against the USD. We need to let some time pass and let this position develop.

With negative turning this fast, we can expect the dollar to be sold for a few more sessions. We wait for the level we highlighted. We also want to see if that level holds and if there is a bottom is carved. If these conditions present themselves, we will get engaged and a set-up will be posted.