DX

According to the bearish outlook :

U.S. Dollar Index appears to be completing the corrective sequence as the wave B, in an expanded flat formation.

In a closer view, the wave c(circled) of B could still be in progress, and decline of the following impulsive wave C is likely ahead…

Expanded Flat :

“When wave B is more than 105 percent as long as wave A and wave C ends beyond the end of wave A, the entire formation is called an expanded flat.”

DX - Intraday 600DX - Intraday 360

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