harshjapee

US Dollar Index prepares to drop through 92.80/90

Long
TVC:DXY   U.S. Dollar Index
US Dollar Index most likely looking to form a bottom around 92.80/90 mark before resuming higher again. High probability wave counts remains that of a flat 3-3-5 structure unfolding since 91.75 lows earlier. If correct, prices stay above the 91.75 mark and could potentially reach up to 96.00 and 98.00 in the weeks to come.

Remain long, stop below 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.