Dollar index made a five-wave recovery within a higher degree wave (A ) from end of 2017, which was then in 2019 followed by a three-wave complex pullback into a wave (B).
This pullback is known as a flat correction, a 3-3-5 pattern
Looks like that reason for current rise is because investors are looking for safety in cash.
This pullback is known as a flat correction, a 3-3-5 pattern
Looks like that reason for current rise is because investors are looking for safety in cash.