See my previous idea about the dollar index. Ha went on to forge this nice bull trend from the bottom and currently bouncing off of support level at 90.00 - 90.10 which seems like a good context for a higher low and maybe a bull leg targeting a measured move above 92.00.
Basic premise here is that this is a simple 1-2-3 wave that often marks the start of a bigger trend. Will this start a long-term bull run? Can't say or certain but let' see if the market rallies to the 92.00 levels. We may get more info about the long term plans if and and when that happens.
Basic premise here is that this is a simple 1-2-3 wave that often marks the start of a bigger trend. Will this start a long-term bull run? Can't say or certain but let' see if the market rallies to the 92.00 levels. We may get more info about the long term plans if and and when that happens.
