Here are 3 short-term trade setups

– entries for 24-Hour Target Trades are typically made at the time of posting
(i.e. 5:05 AM PDT for today)

– given that there has been a big move overnight, prices still may pullback a
bit more before resuming their path towards our projected target prices. Hence,
traders may wish to scale into these trades at current levels and at the levels
noted below

USD/JPY – 112.30

USD/CHF – 1.2155

NZD/USD – .6375

Looking at the Dollar Index (DXC) from a longer-term perspective, the long
holiday weekend ushered in more selling in the dollar (DXC). In fact, the
sell-off that began on Monday has now resulted in an outright sell signal based
on our weekly model. While our weekly model has been quite effective with
signals over the last year, it is key to remember that these signals project out
price direction that may last several weeks/months.