GU 1.42975 by May 20 ~ 1000 pips

Let's try it again. Last year I said 1.5 and later 1.7, this year I have learned to be modest and accept 1.42975 which is still a rough 1000 pips. Over the course of 5 months that is 200 pips per month and not really shocking at all. We might even reach there earlier around mid April already.

That is exactly when last year USD rallied its way to the top and announced the world with many UJ seasonality signals. Now almost one year further we finally witness the opening bell, however as I have become more sceptical than ever, I'll wait and see before I draw any conclusions.

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Let's go

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Opportunity is still valid. Could do a reentry here at 1.29575 or wait for retracement to complete..

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I see a Cup and Handle now. GU Long still very valid. Good entry around 1.317

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Back in the green zone. Let's see if the FEB will let the USD fall this time...

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Nevertheless expecting a rally to follow.