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Market Commentary:
1. We are in the correction for the previous impulse wave as i shown here.
2. Either the correction got completed here or it is having one more low as i mentioned.
3. But my conclusion is one more low to 0.6050 is possible.
4. In FOMC mins i am expecting $ will lose his strength and it may bounce to 0.6300 or it will shoot from here cant say.
5. There is one more possibility is triangle in wave b) also as i shown in the chart.
6. If it breaks the previous high 0.6530 then that will reach to 0.7000.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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