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LekkerCapital

DXY consolidation but is it enough

U.S. Dollar Index (TVC:DXY)  
LekkerCapital Updated   
TVC:DXY   U.S. Dollar Index
Flag Elliott Wave
5
0
flagpattern elliottwaves
Bull flag forming on higher time frames but watch for one more move down to complete the 5 wave structure
Comment:
It appears J. Powell was enough to move the dollar higher. Blue lines represent DXY movement from '94. Watch for continuation pattern on shorter timeframe. One more down week possible before 2018 bottom for USD
Comment:
Good old Donnie messing with quality trade. Look for one more down week the return of dollar strength
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