AbansGlobalLimited

US Dollar Index might complete retracement @ 92.30/30

Long
TVC:DXY   Indeks dolara amerykańskiego
US Dollar Index might still be progressing into its corrective drop, which could terminate around 92.30/40 levels. Please note it is also the fibonacci 0.618 retracement of the entire rally between 91.75 and 93.65 respectively. The short term wave structure suggests that Wave 1 is in place around 93.65 and Wave 2 is underway towards 92.30/40 levels respectively. Once complete, Wave 3 should resume higher towards 94.50 and beyond. Good to buy on dips through 92.30/40.

Remain long, add more @ 92.30/40, target is open.

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