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Delzeyne

DXY: Up to 108 then back down to 92 (ABC-correction)

Short
U.S. Dollar Index (TVC:DXY)  
Delzeyne Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Wave Analysis
3
0
trendanalysis waveanalysis
snapshot

Elliot wave on large timeframe seems completed
Looking for B to end in coming months around 108 level in an expanded flat correction
This could start the impulsive move C down to the 92 area
Comment:
In an alternative count, dxy could even go to 87 area and lower

snapshot
Comment:
The ABC-correction seems ended
But it could only be the start of the correction in a Wave A
A backtest of head and shoulders in a wave B and impulsive move C could bring eurdollar further down to the 0.618 Fib Retracement

snapshot
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