DXY Starts A Bullish Trend

TVC:DXY   U.S. Dollar Currency Index
DXY             finished wave 2 and started wave 3 targeting 98.5. I will update the chart when needed.
Comment: DXY is about to breakout of an Ascending Triangle.
Comment: It's very possible to reach target in this coming week.
I think we are getting close to a correction or trend reversal. That being said it could go all the way to 99 with only minor corrections.
Bandarsq Yahia.Awes
Looks good.
Hello Bandarsq! So the correction wave is over, begins the next pulse?
Yes this what I expect.
creaker Bandarsq
Thanks for the answer. But why DXY should go as before (up), because of oil or because of the euro?
creaker creaker
Gold is going up, the market is out of the dollar

Nice one, are you sure it's confirmed uptrend?
Bandarsq NearDrowning
I would like to believe it's heading for wave 3 as I think DXY just started a bull cycle last uptrend.

Thanks for sharing.
+1 Reply
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