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USD Index : More Gains In View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 25, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD index made a nice pullback this summer to around 92.45 where market found a support and turned back above 96.00 which confirms the fact that retracement from 100.64 was a corrective move, especially as first leg was impulsive labeled as wave (1). As such, move to 93.83 was only temporary and corrective, ideally wave (2) that is now complete so uptrend is expected to continue within wave (3) above 100.80. A broken trendline this week and move above wave (X) will be just another confirmation

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