FUNTRADER-Vera
Short

1909 DXY targeting 97.5 after FED RATE

TVC:DXY   U.S. Dollar Currency Index
Just focus on the two small channels.
The red downward one and the blue one.
The red one is considered as a corrective wave down to the green channel.

The blue one is considered as the impulse wave inside the red one and its also targeting to test
the green channel.

The possible position for both is 97.5.
So we would suggest DXY drop down to 97.5 before starting rising again.
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Comments

good analysis thanks,,, for short term I have that analysis

Reply
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