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bruceyam
Jul 22, 2018 3:28 AM

Dollar Index(DXY) should finished a wave rebound Short

U.S. Dollar Currency IndexTVC

Description

The Dollar index should have finished the first impulse leg down since Jan 2017. the rebound started from 16 Feb to now should have finished the a wave. now we should head for wave b correction and targeting 92.5-93. After the correction the DXY should head for the final thrust to 97-100. DXY will continue to slip afterward. the rally should not go beyond 103, otherwise we have to reconsider the chart pattern.
At this moment the correction should made the right shoulder of the Head and shoulder pattern.
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