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Elliott Wave Forecast For USD Index: Price Could Turn Bullish From 83.00

On USD-Index we are now tracking a deep corrective A)-B)-C) pull-back called a zig-zag that represents part of an incomplete larger bullish trend. Ideally prices are now in final stages of wave (2) which should then find a support very soon, somewhere around 82.50/83.00 area. An impulsive reaction higher with a daily close somewhere above 83.75 will be bullish sign for the USD.

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