DXY: Short term view
In previous idea I described market development. DXY did target level at 93.1 and bounced up.
Now I can say that wave ((iv)) ended the 15th on May and now index lets rise again.
Current wave count is like a wave ((IV)) of wave i. Fibo proportion show the next target at 98.96 and after that index must have a decline to wave fourth previous dimension - at 96.7 for create wave ii
After that I wait a wave iii with target at 106 = wave i x 1.618
This index good indicate that ***/USD markets will significant decrees in next time.
Also, I marked ALT scenario. In this case index will have a significant rise with good acceleration, which in turn will lead to fall ***/USD currencies.
Now I can say that wave ((iv)) ended the 15th on May and now index lets rise again.
Current wave count is like a wave ((IV)) of wave i. Fibo proportion show the next target at 98.96 and after that index must have a decline to wave fourth previous dimension - at 96.7 for create wave ii
After that I wait a wave iii with target at 106 = wave i x 1.618
This index good indicate that ***/USD markets will significant decrees in next time.
Also, I marked ALT scenario. In this case index will have a significant rise with good acceleration, which in turn will lead to fall ***/USD currencies.
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