Technically Speaking
The U/J cross is coming up on a big level around 111.00
The 111.00 level was last tested back in May and the cross sold off 1100 pips. I am not saying that will happen, but this level is obvious and everyone will be watching.
What to do?
If you are long, nothing to do but wait.
I will watching the 111.00 for a possible short, it depends on the price action.
The U/J cross is coming up on a big level around 111.00
The 111.00 level was last tested back in May and the cross sold off 1100 pips. I am not saying that will happen, but this level is obvious and everyone will be watching.
What to do?
If you are long, nothing to do but wait.
I will watching the 111.00 for a possible short, it depends on the price action.
