meszaros
Long

USDOLLAR intraday long strategy

FX:USDOLLAR   Dow Jones FXCM Dollar Index
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We assume that USDOLLAR exchange rate correction is expected. Correction starts from the triangle bounded by the support line and the ATR lines. Before that the exchange rate has to move in waveforms. You can then reach the bottom of the base line. If you pemanently bend the support line 11892, the position is closed. Our target price is 12085.
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