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Long

Elliott A-B-C retracement pattern + bullish divergence =rally up

INDEX:DXY   U.S. Dollar Index
The dollar index             moved in a downtrend mode remaining supported by the 79.33 (wave 5) barrier, the low for 2014. However, we can identify positive divergence between our momentum studies and the price action, indicating that the trend is running out of momentum and is posible to rally up.
Support: 79.33
Target: 79.78 (0.618 Fibonnacci) in 3 days ( Gann )
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