Outlook for DXY on 1W Chart
There have been no changes since the last update.
I think we are in sub-wave iii of the upper degree wave C. If the assumptions of this scenario are correct, the sub-waves of wave iii will form a 5-wave impulse. It will probably become bearish if it can break through a channel line.
Last time, my idea:
Apr 21, 2024. Middle-term analysis.
There have been no changes since the last update.
I think we are in sub-wave iii of the upper degree wave C. If the assumptions of this scenario are correct, the sub-waves of wave iii will form a 5-wave impulse. It will probably become bearish if it can break through a channel line.
Last time, my idea:
Apr 21, 2024. Middle-term analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.