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Introduction
The wave picture on bigger time frames supposes the trend reversal in the near term and the beginning of the US dollar consolidation phase. The depth of this consolidation will determine the further long –term scenario of the currency pairs under consideration (refer to The Review of the Bigger Time-Frames (Annual Wave Analysis, 2008)).
The details of possible scenarios of the reversal are considered in the corresponding sections.
Reference
Dmitry Voznuy
forDmitry@yahoo.com
February 2, 2008
When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
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