Short
DX breaking support significant for elliott wave principle
As the DX have broken the support, downward move potential have increased dramatically, fib clusters at 78-77.71 and 76.12-75.86 are the next probable targets.
a)) leg has been pretty fast, so the c)) wave is expected to fall in a slower pace.
a)) leg has been pretty fast, so the c)) wave is expected to fall in a slower pace.
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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.