Dollar index forecast

01/21/2020

Dollar index forecast

The dollar rallied in three waves [wave w (circle)], the pullback to 97.09 is wave x (circle). The rally is wave y (circle) which is the final wave up, this rally will end near 98. More upside in the dollar before it turns down in the next few days therefore more weakness in the EUR/USD before it turns up.

Posted by Better Trader on 01/21/2020 at 03:24 PM in Dollar, Elliott Wave, Forex, Technical Analysis | Permalink

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Better Trader

01/21/2020