Friday, February 26, 2010

US Dollar Index 4 Hour Chart

 
Here is my Ending Diagonal count for the USDX. I think there is one more leg up left to go before a big retracement happens in line with overall US Dollar weakness. As the price of the EUR/USD comprises of 57.6% of the USDX, I expect the final move up will correlate with a spike down in the pair.

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