DXY Roadmap Nov 2016

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Countdown to top - last few month before surprising/long correction
Ghi chú
The doves Dudley and Yellen will speak tomorrow, expect USD reaction
Ghi chú
Some corrective action/consolidation before final up into 1Q17
Ghi chú
Tomorrow ECB meeting and FED next week. SO far DXY is correcting well, still could reach 99.40 on the downside before FED meeting
Ghi chú
Target range here on the upside is 103/105
Ghi chú
Upside Extension into 108/109
Ghi chú
Appears quite complex lower degree Wave 4 forming, looks like widening triangle
Ghi chú
Best is over, expect one final rise that could form marginal new high >103.80 at best. Expect low 90s into later part of 2017 before next upleg into 120

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