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Dollar Index Bullish For 83.00 While Above 81.80

posted by Avatar 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.
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