The US Dollar Index has completed an A-B-C correction to highlight a Head & Shoulders top. Expect weakness to persist while below the 10-day SMA (now @ 86.10).
Strategy Summary: LONG EUR/USD FROM 1.2607, 1/2 STOPPED AT 1.2552 (-55 pips), 1/2 MET TARGET AT 1.3211 (+604 pips), FOR A TOTAL AVG GAIN OF 274.5 pips
LOOK TO RE-BUY EUR/USD
Strategy Summary: LONG EUR/USD FROM 1.2607, 1/2 STOPPED AT 1.2552 (-55 pips), 1/2 MET TARGET AT 1.3211 (+604 pips), FOR A TOTAL AVG GAIN OF 274.5 pips
LOOK TO RE-BUY EUR/USD
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