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UnknownUnicorn5158708

DXY: Further Downside Expected After Correction

U.S. Dollar Index (TVC:DXY)  
UnknownUnicorn5158708  
TVC:DXY   U.S. Dollar Index
Elliott Wave Wave Analysis Fibonacci elliotwaveanalysis dxyindex dxyanalysis dxyforecast dollarindex_setup dollarindexview wavetheory
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elliottwaves waveanalysis fibonacci elliotwaveanalysis dxyindex dxyanalysis dxyforecast dollarindex_setup dollarindexview wavetheory
Hi traders,

The dollar is poised for more downside. I'm looking for a textbook 1-2-3-4-5 structure that will complete wave C. Price is set to correct into wave 2, after which I'm expecting further downside into wave 3.
With this being said, however, it is advisable to wait for proper confirmation as this analysis is premature - more market data is needed.


Regards
Wave Theorist
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