ElliottWaveBelgium
Short

Dallar - Still some weakness to come

TVC:DXY   U.S. Dollar Currency Index
(Favorite count)
We are in an impulsive wave down. Currently finished wave iii at 96.16 and making wave 4 a bit higher.
If price touches the 0.382 purple line and reverses, then price will go down for one more wave down towards 95.54.
Price can go higher than the 0.382 level but needs to hold below 96.94 for the bearish wave to be valid.

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Alternate count in orange boxes suggests we might have one more push higher before seeing the dollar fall.
(orange count).

One last rally before the end.
+1 Reply
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