Dollar Index-- Looking for 100.50 & Above 100.50 to 103.50

The Black Day of March 2015--was the high for dollar index@100.71 & Low in EURUSD was 1.04....since then they all are tracing corrections which turned out to be complex depending on their earlier trending moves...EURUSD has traced triangle-which confused everyone & might have taken you also atleast once by surprise in this 1 year period-which is a sign of triangle to confuse market participants...Now once it starts trending no deal left ...as everyone will start talking in alignment....Dollar Index had a complex correction making c-wave low@91.88...A sharp push upside --I am taking as 1st Wave ...2nd wave was correction...3rd wave we started Boom...Projections tell us that 5th wave can be equal in distance to 1st Wave so we come out with target of 103 approx...but wait we should not eat at once all, whatever is served in your plate...take step by step --so that it is easy to digest else you will puke-a universal principle-which everyone forgets. In coming days we should first cross 101 & sustain for targets 103 & Above.

Regards, Abhishek H.Singh, CMT

Dagangan aktif:

11:30 Hrs--IST--20th July 2016---Dollar Index is on its way....looking first to cross.100.50 & sustaining above that level--it shall touch 103-104 zone...Regards, Abhishek