DXY in Wave 4 - correction wave - ABC correction to continue till 87.
Wave 3 of wave C - corrective wave looks like it will continue to downside !!
Expecting No rate Hike in June : which would make dxy weaker !!
Position To Enter : Aggressive Shorts can enter at 95 with SL at 96.38
Otherwise Break of 93 level would mean more weakness ahead - so more shorts can be added here !!
The recent wave where we thought wave 4 bottom has happened seems to be a wrong one !! More downside in wave 4, wait for 93 level to break it would confirm this wave count !!
Wave 3 of wave C - corrective wave looks like it will continue to downside !!
Expecting No rate Hike in June : which would make dxy weaker !!
Position To Enter : Aggressive Shorts can enter at 95 with SL at 96.38
Otherwise Break of 93 level would mean more weakness ahead - so more shorts can be added here !!
The recent wave where we thought wave 4 bottom has happened seems to be a wrong one !! More downside in wave 4, wait for 93 level to break it would confirm this wave count !!
