Are we about to see a bull run on the USD?

3 Şub 2017

Is the dollar index DXY forming a crab harmonic pattern in anticipation of good unemployment data? Given very positive employment data on ADP Nonfarm Employment Chage with came out 246k vs a forest of 165k and the better than expected Jobless Claims number of 246k vs 250k forecast; the DXY seems posed to make a bull run if the Unemployment Rate beats the forecast of 4.7% today Friday 2nd.
If it does in fact beat the forecast, we could see bull run until the 102.00 range.

18 Şub 2017

İşlem elle kapatılmış

Nailed the bull run, pattern not completed.