Dollar Index
4 Hour Chart trend: Mixed. Main price points: 78.33, 79.16, and 81.47. Looking for: Breakthrough 79.16
On the dollar index chart we have the same story as on all of the major pairs; The market could be forming a more complex wave IV so long prices will remain trapped between the 78.33 lows and 81.47 highs. Traders with a short bias need to wait on a break through 79.16 and then 78.33, which will probably be the key for move into the lower wave V targets.
No comments:
Post a Comment