IvanLabrie

DXY: Update, prepare for a dollar rally

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
Daily downtrend signal expired, in what looks like a complete 4th wave correction, down to the previous mode support, which also happens to be a previous lower degree fourth wave.
Expecting dollar rallies accross the board.
Minimum target here is a retest of the highest low, but it could naturally go higher if the US NFP data is good on Friday, boosting the dollar into higher highs.

Good luck,

Ivan.

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