UJ Short Bearish Continuation

UJ closed outside of the trendline on the hourly chart after failing to break 200 EMA/SMA average (GODMA). MACD cross downward. The short term uptrend was not enough to turn the daily charts bullish.

DXY is due for a correction after it's current bull run.

Once this squeeze is released, we could see as low as 106-107 for this pair.

TP: 111

High risk/ High reward.
Tight SL recommended.

Good luck!