cashmachine01

USDOLLAR Elliott Wave Count

FX:USDOLLAR   Dollar Index
36 1 1
Expecting one more drive down here to complete the lower degree 5 waves of wave 1. Wave A is also usually an impulsive corrective wave so I would expect to see 5 waves, either way signals a higher likelihood of another wave down.

Currently at a 0.764 level and price action is flattening on lower time frames.

I am currently short USDJPY             based on analysis of USDOLLAR             and JPY both are at .764 retracement and appear to be headed lower.
cashmachine01
6 months ago
After the weekend there may be further upside, with forecasts for upcoming data strength as well as Fed rate hike possibilities on the horizon. Watching closely
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