U.S. Dollar Index

US DOLLAR INDEX ELLIOT WAVE ANALYSIS

US Dollar index is in at Zig-Zag correction (ABC) after completing a full cycle on 28 September, 2022.

It has completed the Wave 'A' on 14 July, 2023.

Now index is forming the Wave 'B'

After forming the Wave B, the index will lead the Wave C which will be a downward impulse.

P.S. If price breaks the 61.80% level, then we will consider this wave calculation as invalid.

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.