Projection for USD Index

FX:USDOLLAR   Dow Jones FXCM Dollar Index
44 0 2
As shown on the chart. Justifications are:

1-Minor channel trend 1-5 wave pattern close to completion
2-Price close to top triangle channel line (in red)
3- Overbought at many traditional indicators

Retraction projected up to 11950 levels. Trade your USD pairs accordingly.

This is how 1hr chart looks like. Still room upto 12110, before a possible down turn.

Comment: Target reached with pin point accuracy. Check out the 60min chart
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