DXY – Elliott Wave Ending Diagonal In Play (4H Chart)

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Price is moving within a well-defined falling wedge structure, forming an Ending Diagonal (ABCDE).

🔹 Currently in Wave D → E, expecting final leg down toward the 95.97–97.00 zone.
🔹 Previous resistance at 98.60–99.30 acted as a key rejection area.
🔹 If the wedge holds, we could see a potential bullish reversal from the blue support zone.

Key Outlook:
📍 Short-term bearish pressure
📍 Medium-term reversal expected if Wave E completes
📍 Eyes on confirmation from price action + volume near the wedge base

💡 Trade smart. Respect structure. Wait for confirmation.
🔔 Follow for more real-time wave-based analysis.

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