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CitiFX Technicals has gone short the USD......>

FOREX
FOREX: CitiFX Technicals has gone short the USD against EUR, GBP and CAD. They
say, the Bloomberg USD Index has confirmed a bearish break. The bullish break in
April was an advanced warning of the break on the DXY and USD rally over the
last few months and we therefore think this bearish break could once again be an
advanced warning for a significant USD move this time lower.
- Long EURUSD at 1.1713 targeting 1.1850-1.19+ initially and potentially 1.22.
This trade uses 15% of capital and the stop is at 1.1485.
- Long GBPUSD at 1.3268 targeting at least 1.3472 and possibly 1.3712. This
trade uses 15% of capital and the stop is at 1.3090.
- Short USDCAD at 1.3123 targeting at least 1.2730. This trade uses 15% of
capital and the stop is at 1.3275.

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