USD fall set to continue but still need to pick right levels in right pair!

USD/JPY broke below it’s long-term bullish trend-line, USD/CAD has closed below a previously strong support level and cable is knocking on the door of 1.70. The USD is sick and further losses are almost certain in the medium term in my opinion. But, we still need to be wary of getting the right entry levels and picking the right pair.

I’ll work through the pairs this morning. I have booked profits on my long-term cable long trade and will now concentrate my efforts on my short USD/CAD position, where I see significant possibilities.