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meszaros
Aug 20, 2017 8:15 PM

USDOLLAR rising wave structure. Long

Dow Jones FXCM Dollar IndexFXCM

Description

USDOLLAR rising wave structure. In our opinion, USDOLLAR's exchange rate has begun to rise. The first correction level for the rise is around 12184. We are expecting a correction from this level. Its size, we think, is half-wave size. Then we expect the exchange rate to rise again. The climb can go up to 12396 levels. If the assumption was correct, movement followed the strategy, we went back to the other processes.
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