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harshjapee

US Dollar Index preparing to rally twards 95.00 at least

Long
U.S. Dollar Index (TVC:DXY)  
harshjapee  
TVC:DXY   U.S. Dollar Index
Trend Analysis Wave Analysis DJ FXCM Index Technical Analysis
2
4
trendanalysis waveanalysis usdollar technicalanalysis
US Dollar Index seems to be unfolding as an A-B-C standard flat since 91.75 lows earlier. Waves A and B are in place at 93.74 and 93.47 respectively. Further, Wave C might have terminated Waves 1 ad 2 at 94.30 and 93.20 respectively, or is unfolding Wave 2 as triangle. Either way, the index is expected to stay above 92.47 if Wave 3 should resume higher towards 94.75 and beyond.


Remain long, stop @ 91.75, target is @ 95.00, 96.00 and 98.00


Good luck!
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