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USDX Elliott Wave: Forecasting The Bounce After Flat Pattern

In this technical article we’re going to take a look at the Elliott Wave charts charts of Dollar Index published in members area of the website. As our members know USDX has ended cycle from the 99.5 low as 5 waves structure. We were calling cycle completed at the 107.34 peak. Recently Dollar has reached extreme zone, equal legs area from the 107.34 peak and completed the short term cycle as Elliott Wave Flat.

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