ElliottWaveBelgium

Dallar - Still some weakness to come

Short
TVC:DXY   Indice devise Dollar U.S.
(Favorite count)
We are in an impulsive wave down. Currently finished wave iii at 96.16 and making wave 4 a bit higher.
If price touches the 0.382 purple line and reverses, then price will go down for one more wave down towards 95.54.
Price can go higher than the 0.382 level but needs to hold below 96.94 for the bearish wave to be valid.

--------------------------------------------------------------------------------------------------------------------------------------------------

Alternate count in orange boxes suggests we might have one more push higher before seeing the dollar fall.
(orange count).


Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.