DXY, Elliott wave analysisOutlook for DXY on 1W Chart
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I think we are in sub-wave iii of the upper degree wave C. If the assumptions of this scenario are correct, the sub-waves of wave iii will form a 5-wave impulse. It will probably become bearish if it can break through a channel line.
Last time, my idea:
Apr 21, 2024. Middle-term analysis.