Oohrhiifx

Where will USD finally go

Corto
TVC:DXY   Índice del dólar de EE. UU.
the USD seem to have been in a redundant position for quite a while. With UJ failing cnsistently to move upwards.. or move downwards specifically.

So the question is where exactly is USD going..

Looking at the chart, we can see a Minor wave 4 retracement on the Index chart which gave rise to a rising wedge formation.

We would expct the USD index to move downward anytime, for the final fifth wave completion with the 88.26 support point break as a valid confirmation.

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