Date Pair Position Stop Limit Result 9.4.2012  EURUSD  1.2525 (1/2)  1.2500  1.2650  +62.5 9.4.2012  EURUSD  1.2545 (1/2)  1.2500  1.2600  +27.5 9.6.2012  USDCAD  0.9830 (1/2)  0.9965  0.9780  +25 9.10.2012  EURUSD  1.2789 (1/2)  1.2725  1.2818  +14.5 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 […]

Called for USDX to 81.10 on 7.27.2012. Wave structure has now changed but target has been hit. For our updated view please subscribe for our 14 day trial plan by clicking on link on the right.

We took an in-depth look at USDX wave structure on Daily chart and discuss possible paths for this correction. We also discussed different possibilities in the short-term.