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Long

DXY wave analysis

TVC:DXY   The U.S. Dollar Index
32 0 2
There are quite a few rule violations in the DXY             wave development. However, in spite of these differentiations from the "norm", it can be claimed that since August 2015 a B-type correction is developing in 5 consecutive sub-waves (alternative coding also included in the chart). This could mean DXY             values above 100 in the near term, provided of course the overcoming of the descending channel & Ichimoku cloud .
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