HamedAghajani
Short

look for a resumption of decline move in DXY

TVC:DXY   U.S. Dollar Currency Index
The speculative foot path is shown on the chart. The index is expected to reside at vicinity of 83-84 area.
83 to 84.....it's really low, could that be possible
Reply
@phoe68, Yes, it is possible, but not certain, as of everything in the FOREX. The wave structure suggests a new low should form at some point, and I find the specified area, the most likely one. This will suggest one should observe USD pairs, mainly $EURUSD, to advance.
+1 Reply
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