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US Dollar Index Wave 2 is underway towards 92.30/40
US Dollar Index slips lower from 93.65 mark, in line with projections. A probable Wave 2 count has been presented here, which might be unfolding as a flat or zigzag. Expect slight pullback before US Dollar Index drops through 92.80/90 in the near term. Corrective waves do take time and might unfold as a complex structure. We shall bring an update as price action unfolds. Watch out for Wave 2 termination around 93.40/50 zone, going forward.
Remain long, stop @ 91.00, target is open.
Good luck!
Remain long, stop @ 91.00, target is open.
Good luck!
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