Wednesday, July 10, 2013

Elliott Wave Forecast: USD Index In the Middle Of An Impulsive Uptrend

USD has extended its gains in the last few days and now showing some clear impulsive bullish formation. It seems that market is in the middle of a black wave 3 that may be targeting 85.00. However, before this level is achieved we may see a minor corrective pull-back down to 84.10.

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