DXY Elliot wave analysis
The 15-minute chart of Dollar Index is currently is downtrend and formed a Elliott Wave as indicated by us in the chart.
The 5th wave has almost completed its rally and we expect the counter to form a corrective ABC wave.
It is also in the strong support zone and so we can expect the dollar index to be bullish up to the corrective wave pattern C
which may extends up to the resistance@94.93.
The 5th wave has almost completed its rally and we expect the counter to form a corrective ABC wave.
It is also in the strong support zone and so we can expect the dollar index to be bullish up to the corrective wave pattern C
which may extends up to the resistance@94.93.
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