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AndyM
Apr 9, 2015 11:56 AM

DXY - next target 90.5 Short

US DOLLAR CURRENCY INDEXINDEX

Description

Here's a revised version of EW markup of the movement we observed since mid March. Looks like we have a leading diagonal with a zigzag correction, which is now over. This markup follows all rules for the leading diagonals and suggests that we are in the beginning of wave 3 of the larger movement. The net run of wave 3-4-5 should bring us to approx 90.5.
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