Currency

FXE is on a bounce, you can see the accumulation on the 5 mi chart, how much further it has to go? Not sure, but I'm fairly certain it isn't much beyond  bounce.

 FXE Euro 5 min

UUP -Dollar 5 min

UUP 60 min

So we have a short term pullback in the Dollar, but the above chart shows the wider trend of strength. This is the difficult part of trading for many. The longer view is our strategic view, and we use the shorter term for tactical entries. For example, I believe the dollar's longer position is bullish-that's the strategic outlook, so I want to buy the short term pullback-the tactical.

Note the Dollar has broken out of a bullish descending Wedge, that is the MACRO outlook.