US Dollar Index had rallied through 92.24 levels on Friday and might have terminated lower degree Wave 1. Alternately, it might push through 93.50 to complete. Either way, the indice could be preparing for a corrective drop soon to terminate potential Wave 2 around 92.20/30 levels respectively. Once a classic 5-3 structure is ready, we can expect another 5 wave rally towards 94.00/95.00 as Wave 3 unfolds.
Remain ling, stop @ 91.00, target is open.
Good luck!
Remain ling, stop @ 91.00, target is open.
Good luck!