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DXY Video – Bearish Minute 5 – End of Down-Trend

DXY

DXY Video – Bearish Minute 5 – End of Down-Trend

DXY Wave Count is suggesting that the Dollar Index could start falling soon.

Technical Tools pointing towards this view:

  • 38.2-50% Fibonacci Retracements of Minute III (red)
  • 161.8-200% Fibonacci Extensions of Minuettes (a) & (b) (orange
  • Bearish Divergence at the upper trend-line of the Declining Channel
  • Vibration Levels of previous Sideways Correction (triangle)

DXY Video

For trading opportunities please see “Dollar Weak – Metals Bullish – EUR/USD Bullish” post.

Many pips ahead!