U.S. Dollar IndexShort
DXY: 14 AUG, 2024
U.S. Dollar Index: 14 AUG, 2024 - 4H Chart
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M
The main trend is Bear market, wave C-grey seems to be opening to push lower, it is subdividing into wave (iii)-orange, it may continue to push lower.
It is now subdividing into wave iv-grey, and it just ended at 103.546, and wave v-grey is being opened to push lower, targeting the immediate target around 102.160. While price must remain below 103.028 to maintain this view.
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M
The main trend is Bear market, wave C-grey seems to be opening to push lower, it is subdividing into wave (iii)-orange, it may continue to push lower.
It is now subdividing into wave iv-grey, and it just ended at 103.546, and wave v-grey is being opened to push lower, targeting the immediate target around 102.160. While price must remain below 103.028 to maintain this view.
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