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NoBodyHidden
Jul 11, 2022 10:26 AM

Is the dollar index close to the inverse range and downtrend? 

U.S. Dollar Currency IndexTVC

Description

Hello traders, I hope you have a good day. The dollar is still rising like its counterpart (the euro continues its downward trend) and this is a sign of their solidarity, they even have a similar structure. In my labeling that I have marked waves one and two with purple color, wave 2 has been corrected between 50 and 61.8% and it seems that the sequence of the third wave is likely to be expanded. And at the end of the reversal point of the larger structure, the price will end between 109 and 111. Good luck and trade responsibly.
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