DXY Roadmap Nov 2016
Atualizado
Countdown to top - last few month before surprising/long correction
Nota
The doves Dudley and Yellen will speak tomorrow, expect USD reactionNota
Some corrective action/consolidation before final up into 1Q17Nota
Tomorrow ECB meeting and FED next week. SO far DXY is correcting well, still could reach 99.40 on the downside before FED meetingNota
Target range here on the upside is 103/105Nota
Upside Extension into 108/109Nota
Appears quite complex lower degree Wave 4 forming, looks like widening triangleNota
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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