EWFcw

US Dollar Index (DXY) - Choppy or trendy - what’s next ?

TVC:DXY   U.S. Dollar Index
US Dollar Index (DXY) is in 2nd subwave of 3rd wave up in (C) wave up, which is subdividing in wxy correction and x wave is under progress, thereafter y down will start and should end above 97.12 level. Because below this level the (C) wave will be invalidated and count must be re-evaluated for next new cycle. The overall price is in corrective mode.
If you agree with idea, then give a Thumbs up.

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.