DXY up in Z and then starts to slide?
The Dollar index is in its last stages of the up move and should be expected to tumble as soon as it completes the wave c of Z in this counter trend bounce we are witnessing after an impulsive move to the downside(sept 2022)
The index is expected to move towards 94-93$ mark after the new downside impulse begins.
The index is expected to move towards 94-93$ mark after the new downside impulse begins.
Note
The wave c of Z seems to have truncated and that should mean that the down move has already begun
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.