The US Dollar Index is once again probing 35-day EMA support. A sustained loss of latter immediately exposes the 85 handle, below which will confirm Wave C of the A-B-C correction. Wave A's equality target projects a move towards 84.00 and will highlight a Head & Shoulders top. Expect weakness to persist while below the 10-day SMA (now @ 86.40).
Strategy Summary: LONG EUR/USD from 1.2607 FOR 1.3211 (TARGET), STOP AT 1.2777
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