DX

Bullish View :

The U.S. Dollar Index should have concluded its correction of Intermediate wave (4) as a flat at 91.92. The medium-term trend has turned up now, and subsequently advance in the same degree wave (5) could have started its way up.

The advance should eventually carry index toward the 103.32 level, where the same degree waves (5) and (1) are equal (a common relationship).

DX - Weekly

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