The DX is likely to have a very big impact on the markets in the weeks ahead. This wave count has become our primary count for several reasons over the past week. Our longer-term wave count is telling us we are at a significant point time here. Join our Premium members to learn why this has become our primary wave count and also see what markets are confirming this wave count.
We have identified a five wave move higher for wave (1) and should now expect a pullback to about the 81 level in the near-term. From there we are looking for increased momentum to the upside for the USD in wave 3 fashion.
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