After March-Sep.1 Rally I'm looking at potential WXY Correction w/ AB=CD chart pattern. 100% extension of "W" wave: $1.1659 AB=CD 1.618 extension: $1.16639 23.6% Fib. Retracement(March-Sep. Swing): $1.1686 OANDA:EURUSD Extented "Y" Wave Targets 123.6% : $1.1598 138.2% : $1.1561
DXY found near term support off 2011 trend line. DXY Oversold. First target at 23.6% Fibonacci Level from March-August decline, $94.40!