captain_smollett
Long

Dixieland. Issue #1 from 03.09.2016

TVC:DXY   US Dollar Currency Index
Life with no hikes

If somebody had any doubt about if a rate hike in 2016 was a dream or a reality, the first Friday of September 2016 gave yet another solid answer to the question:

http://www.cnbc.com/2016/09/02/us-nonfarm-payrolls-august-2016.html
http://www.investing.com/news/economic-indicators/u.s.-august-nonfarm-payrolls-miss,-unemployment-rate-unchanged-423934

Still, the trend is like an oil             tanker: need time and effort to turn it around. So, one more leg up for the US Dollar             next week.

Target 97-97.05 which would complete an eventual Cypher pattern
Trade closed manually: Wave counter invalidated. Possible trend breakdown on site
Comment: Trendline breakdown rejected. Pattern still in play
Trade closed: target reached: Let´s see if we start a decline by tomorrow
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