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USD Index : Downward Correction Unfolding

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD index fell sharply lower last week which has been technically expected after an ending diagonal in fifth wave of an impulsive move. Current leg down is very strong, so it belongs to a bigger downward structure. We will be tracking a zigzag so be ware of more weakness after wave B which could retrace back to 99.00 area. USD Index, 4H

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