FUNTRADER-Vera

0705 DXY is consistend with our monthly analysis

Long
TVC:DXY   U.S. Dollar Index
On this daily chart, DXY has stop droping by touching the red support zone.
This could be a new swing up inside the small blue channel which is also on a third wave of the big third wave inside the big red channel.
This is consistent with our monthly analysis on DXY.
Both FIBO are targeting a position between 98-99.5, quite close to 100.

Good luck !

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