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FUNTRADER-Vera
Sep 18, 2019 10:05 PM

1909 DXY targeting 97.5 after FED RATE Short

U.S. Dollar Currency IndexTVC

Description

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.
Comments
Ravens_Forex
good analysis thanks,,, for short term I have that analysis

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