MisterFXGuy

USD - Wave 5 completed, time for the fall to begin

FX:USDOLLAR   Dow Jones FXCM Dollar Index
Following up on my "Time is running out" post from 13 days ago, USD hit the target for wave 5's completion (at 12060), as expected.

Some price action basics, a wedge, head and shoulders, etc, later ... now we start the next chapter in USD movement.

I'll make another post with support projections, but we of course have to first power through the same support lines I've had drawn since the original post about this. It will be an interesting year for USDOLLAR, either way.
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