HomeContributorsTechnical AnalysisUSD Index Can Be Completing Its Five-Wave Move

USD Index Can Be Completing Its Five-Wave Move

Elliott Wave Financial Service
By Elliott Wave Financial Service

USD Index is in a bullish impulse up from 2018 lows; now with final wave 5) in play. Wave 5) that is unfolding out of a triangle correction can be underway to around 98.50/99.00 region, where bulls may slow down if we consider that legs out of a triangle are final in the sequence, so a higher degree retracement may occur during summer time.

USD Index, Daily

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Elliott Wave Financial Service
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