Intraday Chart - US Dollar Index
1st March 2016
We have seen constructive progress higher. From the (green) Wave b we seem to need quite a firm follow-through that should target the 176.4% projection in Wave c / iii to 99.97 minimum but could stall between the 176.4%-198.4% projection between 99.97 and 100.40. This will trigger a correction in Wave iv of around 50%-55%. This should launch the Wave v that suggests a move towards the (blue) Wave -a- high at 100.51 at least.
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