February 2nd, 2017: US Dollar Index (DXY) Chart Update
Posted by pugsma on February 2, 2017
The US Dollar Index DXY has retraced just past the 38% Fib to 99.44 for the minor 4 of major [5]-P3 wave. Note that waves 4’s often retrace to the wave 4 of previous degree, which was minute (4) of minor 3 at 99.43. The minor 5 = 1 target is 105.10. As long as wave minor 4 remains above the minor 1 high at 97.57 this wave count remains valid.
DXY daily chart:
DXY weekly chart:
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