posted by
ew-forecast
357 days ago
in USD, Technical
made popular 357 days ago
Dollar Index index is clearly in uptrend mode, in the middle of larger impulsive sequence. A current five wave rally from 78.60 which represents wave 3 may slow down, but not ahead of 82.70/83 levels, where we can see a 161.8%, typical Fibo projected level for wave 3. Intra-day trend is pointing higher while 82 and 81.85 supports hold.