In this , we break down the U.S. Dollar Index (DXY) using Elliott Wave Theory. 📊
✅ 5-wave impulsive structure (1–5) has completed
✅ Market entering corrective phase (ABC)
✅ Key support: 97.40 – 97.20
✅ Resistance zone: 98.00
✅ Short-term bias: Possible corrective upside before continuation
This analysis is crucial for EUR/USD traders, as Dollar Index movement directly impacts Euro strength. Watch till the end to understand the upcoming correction and trading opportunities. 🚀
#ElliottWave #DollarIndex #ForexAnalysis #DXY #EURUSD
✅ 5-wave impulsive structure (1–5) has completed
✅ Market entering corrective phase (ABC)
✅ Key support: 97.40 – 97.20
✅ Resistance zone: 98.00
✅ Short-term bias: Possible corrective upside before continuation
This analysis is crucial for EUR/USD traders, as Dollar Index movement directly impacts Euro strength. Watch till the end to understand the upcoming correction and trading opportunities. 🚀
#ElliottWave #DollarIndex #ForexAnalysis #DXY #EURUSD
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