tommyf33

tommyf33

We all know DXY has been super Bullish for weeks now, RSI is overbought for the first time since nov of 2016 and this week we have seen some weakening in the DXY. A pull back is needed to continue on this Bullish Trend and I think we are seeing the start of a pull back. Good luck Trading Tommy

tommyf33

looking FOR A PULL BACK TO THE .618 RETRACEMENT before continuing on with the bullish trend.

tommyf33

I'm new to Elliott wave Analysis so please don't trade based on my chart. With that said, I believe based on the weak dollar that this pair will continue to be bullish for the next couple of weeks. Sunday 7-16-17 and Monday 7-17-17 we should see a pull back to the .618 fib Tuesday the RBA report will come out and if that is a good report, we will see another pulse...