U.S. Dollar IndexUpdated DXY might bounce up to form a right shoulder here (2017-01-18)
DXY had a sharp decline last weeks and came to the previous consolidation area. It might bounce here to form a right shoulder, which will be wave B.
Good luck for everyone!
Good luck for everyone!
Note
USdollar's rebound starts. It will affect gold, silver heavily. As gold, silver and other metals start pull back, oil will be in a buy mode.Note
Target for neckline breakdown is done. DXY might pull back up for a while. Watch carefully.
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