US Dollar Index support seen around 89.90/90.00 levels

By Finacademy
US Dollar Index might be close to terminating Wave C of a potential expanded flat structure around 90.00 levels. If correct, the indice might resume rally that can exceed above 91.60 in the next few trading sessions. Alternately, the index might have completed a corrective rally between 89.20 and 91.60 levels respectively. If the alternate count unfolds, the US Dollar Index might push further to test 89.20 before finding some support.

Long against 89.20, towards 94.50
Technical AnalysisTrend AnalysisDJ FXCM IndexWave Analysis

Disclaimer