US Dollar IndexShort
near term UP then DOWN??
In the weekly chart - 5 wave move up finished at 114.705.
So looks like we are in some sort of corrective wave (w) (x) (y),
by my calculations (w) still in play as the (red) a b are completed
meaning we could be going into (red) c final leg down to complete wave (w)
Anyhow - in the more near term - 1H is indicating to more
upside too complete the intermediate (A) (B) (C) around 104.2-104.55
meaning new cycle to push DXY lower will begin
So looks like we are in some sort of corrective wave (w) (x) (y),
by my calculations (w) still in play as the (red) a b are completed
meaning we could be going into (red) c final leg down to complete wave (w)
Anyhow - in the more near term - 1H is indicating to more
upside too complete the intermediate (A) (B) (C) around 104.2-104.55
meaning new cycle to push DXY lower will begin
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