USD Index : Correction Seems Completed

TVC:DXY   U.S. Dollar Currency Index
USD Index made a nice pullback into the area of a former wave four, where new swing occurred. Price bounced up from 96.63 that can be end of a wave 2 so we see price now at the start of a new bullish impulse. There is a chance that market will continue up into big wave 3 this month, so dollar could get very strong against the major currencies. Invalidation level is now at 96.63, so as long this swing low holds, trend is up. Any reversal back to this low will suggest that wave 2 is still unfolding.

Our previous updates on this chart :

Learn The Elliott Wave. NEW!! Elliott Wave School 👉👉👉 https://ew-forecast.com/theory/

FX-Online Service: https://ew-forecast.com/service/

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out