DXY (Dollar Index) |The DXY is preparing to fall again⚠️

21 Haz 2021

Hello traders, Considering the very important impact of the dollar index with gold and other popular Forex symbols, I decided to analyze this very important symbol on a daily, weekly and monthly basis from today onwards. According to my analysis of the dollar index for 27 years From the past to the present, according to my analysis, I think the correction is over, this correction is a kind of flat correction that I marked with (X) red for you. And now we are in a leading wave, which most likely wave 1 is complete, and now we are in the correction of wave 2, which has a zigzag pattern. This zigzag has 3 general goals: Fibo 0.38, Fibo 0.50 and Fibo 0.618, which according to the slope of the chart, I see a high probability of reaching the price of Fibo 0.618, and the price range of each Fibo is specified in the chart, which you can see.
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