Daily Forex technical analysis for the major pairs Based On The Elliott Waves Principle Combined with Various Technical Indicators And Fundamentals
Sunday, August 15, 2010
Dollar index call came true
Regardless that i m not that active as before this past few weeks but my last chart was a charm , calling an ending diagonal in the AUD,USD and supported by a very accurate Dollar index chart ,, as much as the markets was confusing the last few weeks with rick rallying , but when i put myself away from all this noise and even look for a simple RSI analysis for the dollar index to indicate that the big support of the 80 level wont break at this RSI levels and call a bounce which will be supported by the exhausted rally in risk ,, it worked very well and i hope regardless that i m not trading as active as before that ppl made good use of it
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