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ElliottWaveBelgium
Oct 1, 2020 12:04 PM

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

U.S. Dollar Currency IndexTVC

Description

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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