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traderpulse
Oct 26, 2018 6:08 AM

DXY Wave analysis Short

U.S. Dollar Currency IndexTVC

Description

The dollar index completed its bull cycle with 5-elliott waves.
It started its bear cycle with an impulse wave and is currently retesting its previous high.
Furthermore, it has formed a bearish gartley pattern in the due process.
Hence, we expect the index to face resistance here and resume its bearish move.
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