harshjapee

US Dollar Index Wave 2 expected to terminate through 92.30/40

Long
TVC:DXY   U.S. Dollar Index
US Dollar Index potential Wave 1 seems to be in place between 91.75 and 93.65 respectively. A Wave 2 correction is still on and is expected to terminate through 92.30/40 mark, the fibonacci 0.618 retracement of Wave 1. Bottom line: US Dollar bulls should hold above 91.75 to remain in control.

Long against 91.75, target is open.


Good luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.