U.S. Dollar Index
Long

US Dollar Index resumes its correction towards 90.30

64
US Dollar Index seems to have completed Wave A around 90.80, within the proposed A-B-C corrective drop. Wave ii within Wave 3 seems to be unfolding since 91.40 highs registered yesterday. Potential termination for wave ii is seen around 90.30/35 zone, also backside of resistance turned support trend line. If the above structure unfolds accordingly, US Dollar Index might resume wave iii of 3 anytime soon towards 94.50 mark.

Remain long against 89.00, towards 94.50

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.