Strike Analytics

MSCI EM Currency Index

27 Nov 202005:36 AM

The MSCI Emerging market Currency index has gone back to the top end of a rising channel. It is possible here to fit in a 5 wave advance into this rise with maybe one final push to touch the top end of the channel. Either prices need to consolidate back to the lower end or in a 2nd wave, down of larger degree do a retracement of this advance before another leg up can start. Near the top end, something may complete in any case. 

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