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We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
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  • Elliott Wave Forecast: USD Index Could Find A Support Around 82.00 0 comments
    Jul 23, 2013 3:54 AM

    USD Index has moved out of wave B range yesterday so prices are now already in wave C, final leg of a three wave decline. As such, traders must be aware of a trend reversal, especially if we consider that move out of a triangle is final within larger structure. From a confirmation point of view we need impulsive rally back through 83.15 to turn bullish on the buck.

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    If you are interested in our analysis then you can try us absolutely FREE FOR 7 DAYS!

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