US Dollar Index Wave 2 in place at 92.69 ?
US Dollar Index had dropped through 92.69 levels yesterday, which is fibonacci 0.50 retracement of the previous rally. Wave 2 might be complete yesterday or looks to be in progress as it carves a potential A-B-C lower towards 92.30/40.The up gartley would look complete around 92.30/40. Either way, US Dollar Index has carved a meaningful bottom around 91.75 levels earlier and should be on its way to higher levels after Wave 2 terminates.
Remain long, stop @ 91.00, target is open
Good luck!
Remain long, stop @ 91.00, target is open
Good luck!
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