USDX_Elliott waves and fractals applied on the weekly chart

By Mosu
Scenario 1: EURUSD build a corrective wave under the shape of a zig-zag (w-x-y) ending around 1.20 and USDX reaches down towards 90 or even 88
Scenario 2: EURUSD prints a triangle (a-b-c-d-e) and USDX leaves behind 92.40 as a relevant low.
Other currency pairs in the Dollar index shall bring their own influence.
cultrading
Mosu

Related publications

Disclaimer