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PakRT

DXY next move

Long
U.S. Dollar Index (TVC:DXY)  
PakRT Updated   
TVC:DXY   U.S. Dollar Index
Support and Resistance Fibonacci Wave Analysis dxyforecast dxyelliott dxyanalysis elliotwaveanalysis elliottwaveforecasts correctivestructure elliottwavecorrection dollarindex dollaranalysis
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supportandresistance fibonacci waveanalysis dxyforecast dxyelliott dxyanalysis elliotwaveanalysis elliottwaveforecasts correctivestructure elliottwavecorrection dollarindex dollaranalysis
As my analysis before, I mentioned that DXY could started to bullish again from 107.9 and other asset are tanking.

This is my view of DXY for this week :
  • DXY is now in corrective move and could sweep the liquidity between 109-108 area before continue upwards
  • We will have FED % rate news release on 21th Wednesday with 75bps forecast
  • This news will decide the next DXY move.
Comment:
DXY is moving as expected and breaking out 4H trendline support, next move could be a small bearish until 21th Sept.

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