USDX(Dollar) Must Continue To Extend Lower
Technical Analysis:
- As you can see the above daily chart, USDX is still doing a ABC correction in blue
- We present two possible paths - Black and Blue (With actual data each path has 50% probability)
- The decision of both paths (Black and Blue) will be taken when USDX will arrive to the orange circle area
- Short term structure is bearish
- H1 Right Side is down
- H4 Right Side is turning down
Technical Information:
- Don't buy USDX (Dollar) now in short term
- We like to buy when wave C in blue and wave 4 in black are completed
- As you can see the above daily chart, USDX is still doing a ABC correction in blue
- We present two possible paths - Black and Blue (With actual data each path has 50% probability)
- The decision of both paths (Black and Blue) will be taken when USDX will arrive to the orange circle area
- Short term structure is bearish
- H1 Right Side is down
- H4 Right Side is turning down
Technical Information:
- Don't buy USDX (Dollar) now in short term
- We like to buy when wave C in blue and wave 4 in black are completed
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