INDEX:DXY U.S. Dollar Index
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- DXY Technical Strategy: Neutral
- Support: 94.80, 93.15, 93.90
- Resistance: 96.40, 97.60, 98.32
On Elliottwave, we are holding triangle formation for wave 4. Once we complete triangle formation, we can see new uptrend for wave 5. Break below 93.00 will invalidate idea and need to recalculate labels.
To be conclude, we are for dollar and believe it will be continue for near future. To receive instance trade update and analysis, please subscribe us for free risk free 15 days trial by clicking here.