DX

The U.S. Dollar Index declined to below the 97.36 Fibo-level, that it might be starting to decline in expected Minor wave Y.

The adjusted target for the extreme of the wave Y is 91.07, where the waves of Y and W are equal.

Note : Based upon this bearish alternative, the Index is tracing out a “Double Zigzag” as entire correction in Intermediate wave (4), prior to the advance in Intermediate wave (5).

DX - Daily

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s