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Elliot_Myers

USD Index 50% Fib Correction Set Up

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Dow Jones FXCM Dollar Index (FX:USDOLLAR)  
Elliot_Myers  
FX:USDOLLAR   Dow Jones FXCM Dollar Index
usdindex index USD dollar sellsetup tradeidea correction fibonnaci retracementlevels
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usdindex index usd dollar sellsetup tradeidea correction fibonnaci retracementlevels
Potential downside set up with poor US news being the catalyst for a correction from wave A - B (50% fib 11912 area) for a resumption of the down trend towards wave C (monthly resistance at 11720).
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