US OPEN.

US bonds above 4.3, S&P falling (due to higher bonds plus the drop in Tesla today) the VIX has risen above 15. All in all it's a mildly 'risk off' mood. But it's not echoed in the forex market as the USD has lost a little strength. And the European currencies in particular are strong (which doesn't agree with my thoughts, especially since disinflation in Germany is gathering pace).

I'm currently treating the USD weakness as a pullback without a cause and I'm still waiting for a 'nice 1hr swing' on USD CHF to enter a long trade.

Feel free to email any questions: johnelfedforexblog@gmail.com