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DXY (Dollar Index) – Correction Final Stages

DXY

DXY (Dollar Index) – Correction Final Stages

DXY could continue towards 89.60 before running towards 91.40 Levels.

At 91.40, DXY will be watched for the down-trend to continue.

According to the current structure, a Bearish Correction would occur and then another up-swing, which would complete the entire Double Three Correction (pink WXY), inside Minor 4 (red).

Currently, DXY is unfolding the Bearish Swing pointed out in the “NFP Trades – Gold & Euro – Bullish Positions” article.

Summary and Levels by order:

  • 89.60
  • 91.40
  • 87.30

DXY (Dollar Index – Video:

DXY – 2H CHart:

Many pips ahead!