US Dollar Index finds support around 93.00/10
US Dollar Index has dropped to 93.00/10 levels today, falling in line with what was discussed yesterday. If the rally between 92.52 is primary Wave (1), followed by Wave (2) corrective drop towards the fibonacci 0.618 retracement; the US Dollar Index might be setting up for a Wave (3) rally towards 96.00. Alternately, if 94.00 resistance holds, the index might break lower one last time below 92.52, before turning higher again.
Long against 92.52 targeting 96.00
Good luck!
Long against 92.52 targeting 96.00
Good luck!
Feragatname
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