Elliott Waves Analysis: US Dollar Index
Aug 18, 2021

USD Index

From an Elliott Wave perspective we see US Dollar trading higher ahead of FED minutes. But DXY can be running into late stages of a higher degree structures; move that is still expected to pass 93.20 and 93.40 to complete the pattern with five waves up. So resistance may not be far away, maybe already around 94 area.

US Dollar Index

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