USD Index: Bulls Continue To Dominate; More Upside In View After Wave 4
27 May 2016, 12:50
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USD Index: Bulls Continue To Dominate; More Upside In View After Wave 4
on the sharp rise and has reached our minimum upward projections at
95.17 resistance last week, but bullish momentum was strong so there is
still room for more strength ahead after recent corrective set back,
that shows black wave 4, so extended wave 3) can see a continuation
towards 96 and 96.50 while market trades above 94.32. Keep in mind that
USD index might have started a new big uptrend continuation after 12
months of a downward correction shown on daily and monthly charts, so be
aware of stronger buck across the board.
USD Index, 4H
