Consolidation continues in Dollar index : In Wave 4 ( Weekly Charts ) Short DXY : Wave 5 minor of Last leg C - of ABC correction - Expect a turnaround at 92 - 92.5 for its last leg rally of Wave 5 on weekly charts
For the time being dxy & eurusd are moving in right direction of ew wave !! If wave 1 high breaks - it would be a confirmation that this is actually wave 5 weekly !! It would be time to jump into long in dxy or short in eurusd !!!
AnbHfund
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Wave 2 in play now of weekly wave 5 ( consolidation /corrective wave ) !! More upside ahead for DXY in coming weeks !!
AnbHfund
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DXY Still weak - Looks like more downside to come !!
For the time being dxy & eurusd are moving in right direction of ew wave !! If wave 1 high breaks - it would be a confirmation that this is actually wave 5 weekly !! It would be time to jump into long in dxy or short in eurusd !!!