DX

Bearish Outlook :

On the U.S. Dollar’s corrective trend since the March 13 high, another viable possibility which may be respected is that the Minor-degree wave X (as a running triangle) remains in its very late stages, prior to the final decline in Minor-degree wave Y.

Based upon this bearish case, the upside target for extreme of the wave X is around 96.33, and ultimate target for the overall correction is estimated at 91.85, by the end of year.

DX - Daily

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