ElliottWaveBelgium

Dollar Index - One more push down before the dollar wakes up

Short
TVC:DXY   U.S. Dollar Index
Dollar Index - The count remains the same as it was shared a few months back with my subsribers.

Looks like red wave iv is finished and price will continue lower.

BUT if we see a bounce now and price goes above 94.75, we need to look for possibilities that Dollar strength will come back !

For now though, I see this go below wave b and make a new low especially if price breaks below the red channel.
Comment:
If price doesn't go and close above 93.63, it should then continue lower.


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