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.
If you are interested in our analysis then you can try us absolutely FREE FOR 7 DAYS!
Visit http://www.ew-forecast.com/service/ for more details.