US Dollar Index might print yet another low @ 92.35/40

27 באוק׳ 2020

US Dollar Index might be preparing to drop lower towards 92.35/40 before turning bullish again. A corrective a-b-c drop would terminate around fibonacci 0.786 retracement of the previous rally between 91.75 and 94.75 respectively. High probability remains that a 3-3-5 flat corrective rally is underway towards 96.00 levels, going forward. Bottom line, 91.75 should hold.

Remain long, stop @ 91.75, target @ 96.00


Good luck!