karagis75

DXY is heading toward 96.5 first

Short
TVC:DXY   U.S. Dollar Index
DXY is heading toward 96.5 first .. DXY seems to have completed minor Wave 3 and is developing Wave 4 and targeting 94.25 ...on monthly chart ... this method in few Years will go to 109 ....

This view is invalid if DXY breaks below 94 or 93...which is bearish...

This analysis based on Elliot wave and price action at various Fibonacci ratios
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.