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USD Index : Temporary Correction In Play

USD index is turning south as expected as we know that after every five waves market will turn with minimum three waves. For now, that's still only one leg down from 97.88 high so be aware of more weakness after wave (NYSE:B). Ideally index will fell to 96.20 area where we will be looking for a new bounce to the upside, possibly into a very strong recovery of a black wave 3. If we are correct, then uptrend may continue later this week.

USD Index, 4H

usd index, 4h

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