DXY might bounce up to form a right shoulder here (2017-01-18)

DXY had a sharp decline last weeks and came to the previous consolidation area. It might bounce here to form a right shoulder, which will be wave B.

Good luck for everyone!

Yorum:

USdollar's rebound starts. It will affect gold, silver heavily. As gold, silver and other metals start pull back, oil will be in a buy mode.

Yorum:

Target for neckline breakdown is done. DXY might pull back up for a while. Watch carefully.