Greenback dominating now

٢٣ يونيو ٢٠١٥

There is unusual volatility in this Asian session. Greenback broke trendline and it is safe to say we have complete the wave C I talked about on Monday. It is too early to speculate how the incoming subwave B will unfold. For now I think the current rally looks 3-wave-ish, so I expect we will see a choppy annoying B wave. Don't get excited on both sides and take profit early. As for price, 11887 is going to be the first target and we can get it tested today most likely.