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USD Index: Corrective Pull-back Within UptrendTop ↑  Our Services Video Tour Subscribe to our newsletter May 21 2013 USD-index is trading lower from recent highs which seems to be start of a deeper corrective retracement. We are tracking wave 4) pull-back now as we can already count a completed five sub-waves in red wave 3). As such, current bearish waves are only temporary and should prove corrective. Ideally we will see three sub-waves down in wave 4 to 83.30-83.50 area where market may find a support; around former wave four, 38.2% Fibo level and at base channel line. Our past free updates on USD Index:  You can get further and more detailed technical analysis for this market through one of our latest video analysis.  Newsletter archive
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