DXY: Update, prepare for a dollar rally
Daily downtrend signal expired, in what looks like a complete 4th wave correction, down to the previous mode support, which also happens to be a previous lower degree fourth wave.
Expecting dollar rallies accross the board.
Minimum target here is a retest of the highest low, but it could naturally go higher if the US NFP data is good on Friday, boosting the dollar into higher highs.
Good luck,
Ivan.
Expecting dollar rallies accross the board.
Minimum target here is a retest of the highest low, but it could naturally go higher if the US NFP data is good on Friday, boosting the dollar into higher highs.
Good luck,
Ivan.
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