Countdown to top - last few month before surprising/long correction
Comment:
The doves Dudley and Yellen will speak tomorrow, expect USD reaction
Comment:
Some corrective action/consolidation before final up into 1Q17
Comment:
Tomorrow ECB meeting and FED next week. SO far DXY is correcting well, still could reach 99.40 on the downside before FED meeting
Comment:
Target range here on the upside is 103/105
Comment:
Upside Extension into 108/109
Comment:
Appears quite complex lower degree Wave 4 forming, looks like widening triangle
Comment:
Best is over, expect one final rise that could form marginal new high >103.80 at best. Expect low 90s into later part of 2017 before next upleg into 120
