While we could see a new break out, that's okay as we would benefit from it from our attached live trade below. We cut exposure early in any other positions we took yesterday to profit on the USD strength. It looks like we are losing some momentum here, and that price wants to retest 99.50s, and maybe linger or move lower. We are sidelined right now, letting our profits run instead of putting on new risk. If the USD pushes higher, there will be plenty of opportunities to short other pairs, such as the GBP/USD which rebounded hard from London lows and now sits above 1.52.
