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ElliottWaveBelgium

Dollar Index - Top in place ?

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Wave Analysis Trend Analysis Beyond Technical Analysis DXY dollar dollarindex
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waveanalysis trendanalysis beyondta dxy dollar dollarindex
Looks like the Top is in place.

A break outside the channel confirms the top in place and more weakness to come.
Look for a break below 96 for more evidence of a bearish continuation.

In that case we should be in wave (C) therefore expecting price to be a motive wave (impulse or diagonal)
Comentário:
Looks like a Triangle in wave (Y) of ((B)).
In that case price should not go beyond wave A high at 97.70
snapshot
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Comentário:
This alternate count suggests some more temporary strenght in USD before it falling hard.
snapshot
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