USD has been strong lately towards all other major pairs. One pair that can be used as a timing tool to see how long the USD strength will last is USD/NOK.
USD/NOK looks to be completing a 5 wave impulsive rally with a target of 6.27. Once the pair completes wave 5, USD should weaken (or better say correct), before starting the next leg of rally.
Good luck and trade safe.
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Twitter: twitter.com/cmellon1976
Website: elliottwave-for.../amember/go.php?r=2670&...
USD/NOK looks to be completing a 5 wave impulsive rally with a target of 6.27. Once the pair completes wave 5, USD should weaken (or better say correct), before starting the next leg of rally.
Good luck and trade safe.
---------------------------
Twitter: twitter.com/cmellon1976
Website: elliottwave-for.../amember/go.php?r=2670&...
