A Reversal Could Be In The Cards For USD Index

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    USD Index fell to a new swing low, so price moved into a wave C), final leg of a corrective pullback that can be looking for a support around 97 or 96.50 level. This is not far away so traders must be aware of a new bullish turn in days ahead, but any uptrend continuation into a big blue wave (5) can be confirmed only if price will rise with impulsive fashion above wave B) swing. USD Index, 4H

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