It bounced off March 07 support. Also, to be noted that IF histogram puts in a higher 2nd dip on that weekly chart, then that bearish divergence probably will be negated due to overall this still being a bull market. I think based on 30 minute chart's divergence + 1 minute as a trigger 1462 zone now is a very good r:r entry.
I was referring to the US $ vs. Japanese Yen. It traded 111 today which is very low and the assumption was that the lower it goes the more large funds have to liquidate assets.
basically everything hinges on the next nonfarm payrolls. it could ignite a holiday rally as we go into the next FED meeting on Dec 11.