dxy, Dollar next move
Based on the Elliot wave count we are currently on a long for wave 4 retracement.
but on the 1H time frame analysis shows a possibility of a retest of the broken lower timeframe bearish trend before a new bullish move.
I am expecting either a buy from 93.20- 90.0 regions or a buy above the immediate resistance level @ 93.65
but on the 1H time frame analysis shows a possibility of a retest of the broken lower timeframe bearish trend before a new bullish move.
I am expecting either a buy from 93.20- 90.0 regions or a buy above the immediate resistance level @ 93.65
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Related publications
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.