Talking Points:
Elliottwave perspective we support this bullish momentum in immediate near term future, and predicting primary for flat correction for wave 4. On alternate, this move already in move for wave 5. In both cases, we are bullish for dollar and believe it will be continue for near future.
- DXY Technical Strategy: Bullish
Support: 96.80, 96.29, 95.55
Resistance: 98.46, 99.66, 100.34
Elliottwave perspective we support this bullish momentum in immediate near term future, and predicting primary for flat correction for wave 4. On alternate, this move already in move for wave 5. In both cases, we are bullish for dollar and believe it will be continue for near future.
-- By Hoagtrading.com (Twitter: @Hoagtrading)