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saraltanwar
Nov 24, 2021 3:23 PM

Dollar index DXY Short

U.S. Dollar Currency IndexTVC

Description

My view is bearish on dollar and this is best bearish count to my mind.
61% retrace of whole decline of fall from 101 to 89 is almost achieved.
Even if dollar has to rise more to 78.6% retrace or complete 100% retrace to form a triangle , then also it has to provide a second X wave and then it may rise again for a final Z wave on upside before a larger decline back to 89 may start.
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