DXY - Dollar index, still bullish, expanded flat in progress
While above 93 I'm bullish on the buck . I reckon wave 5 started at 91.92 and we're now in wave 2 of wave 3 (of that wave 5).
Importantly, we got 3 waves up from minor wave "1" which gives us a hint that an expanded flat is in the making so look for a turn slightly below 95.30 (the extreme of wave A) for a potential turn and need to see 5 waves down on the smaller charts from the extreme of wave "B".
Importantly, we got 3 waves up from minor wave "1" which gives us a hint that an expanded flat is in the making so look for a turn slightly below 95.30 (the extreme of wave A) for a potential turn and need to see 5 waves down on the smaller charts from the extreme of wave "B".