DXY is currently in a corrective phase and according to Elliot wave theory, the current pattern looks like an expanded flat. Where ABC will be completed at 107, now this is can also be a running flat where ABC is finished at 105, with bearish target of 99.
Current daily trend is corrective in nature with weekly resistance zone at 105-107.
https://www.tradingview.com/x/5YPFWxFE/
Current daily trend is corrective in nature with weekly resistance zone at 105-107.
https://www.tradingview.com/x/5YPFWxFE/
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