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harshjapee

US Dollar Index progressing in Wave C towards 96.00 at least.

Long
U.S. Dollar Index (TVC:DXY)  
harshjapee  
TVC:DXY   U.S. Dollar Index
Trend Analysis Wave Analysis DJ FXCM Index Technical Analysis
4
0
trendanalysis waveanalysis usdollar technicalanalysis
US Dollar Index remains buy on dips for now and it might be heading towards 96.00 and 98.00 in the weeks to come. A 3-3-5 corrective flat is underway since 91.75 and the last Wave C seems to be unfolding. Either Wave iv has terminated at 93.58 or the index is working on a corrective Wave 2 after terminating Wave 1 around 94.28. Either way, a push through 96.00 seems high probable.

Remain long, add more @ 93.00, stop @ 91.75, target @ 96.00 and 98.00


Good luck!
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