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Sinuhet
Jul 7, 2014 8:56 AM

USD index 

Dow Jones FXCM Dollar IndexFXCM

Description

difficullt to say what the USD is working on....
shown is a bullish scenario, where:
- blue wave 3 is 1.62% extension of wave 1
- blue wave 4 a triangle
- black 1 reaching the previous 4th wave
-black wave 2 retracing 62% of black 1

I stay sidelines and wait if we get a clear 5 waves up as a confirmation of at least shortterm uptrend in USD.

Comments
sandro.forexbrasil
Trend Following ,start confirm
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