Breakout confirmed on USD
The US dollar had strong momentum since the beginning of the year, supported by many economic factors such as the growing US economy(compared to the rest of the word), US labor force numbers, rate cuts,etc..
We are on UUP in the short term looking for a move to the upside, next target is to test the recent high at 27.15$,
We will review the price action once UUP reaches that high,
Possible moves are:
1. Sell the 26.7$ PUT option
2. Buy the 26.5$ CALL option