KhaniTechnical

#DXY WAVE COUNTING

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CAPITALCOM:DXY   US Dollar Index
According to the wave counting done, and that the first step of the price decline was in the form of five waves, our descending pattern is likely to be a zigzag whose wave A is completed and the next step is probably the formation of wave B, so we expect a movement in the next 3 months. Relatively bullish until one of the following resistances occurs.

104.87
105.90
107.58
109.30
111.75

Fixation below 100 invalidates this analysis.

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