DOLLAR INDEX IS NEAR TO DROP HUGE
US dollar is near to the end of 5 wave a correction in inevitable in the comming future.
The key areas for this moevement are defined by the downtrend channel with fibbo.
Continue with 78,6% The most common drop area SUPPORT.
Be careful with all pairs and market.
Pairs such as EURUSD, GBPUSD, USDCHF, AND USDJPY are into a key area right now.
The DXY will continue with huge strenght.
So EU will go down a little more.
GBPUSD will go down a little more.
USDCHF go up a little more.
USDJPY go up a little more.
Dont add more positions to this pairs. Wait for the very lows or highs for adding positions.
US dollar is near to the end of 5 wave a correction in inevitable in the comming future.
The key areas for this moevement are defined by the downtrend channel with fibbo.
Continue with 78,6% The most common drop area SUPPORT.
Be careful with all pairs and market.
Pairs such as EURUSD, GBPUSD, USDCHF, AND USDJPY are into a key area right now.
The DXY will continue with huge strenght.
So EU will go down a little more.
GBPUSD will go down a little more.
USDCHF go up a little more.
USDJPY go up a little more.
Dont add more positions to this pairs. Wait for the very lows or highs for adding positions.
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Idee correlate
DXY Perspective
Anderson-FX
about DXY