$DXY US DOLLAR Index Update

So far this index moves exactly as anticipated.

Right now corrective wave 2 might be finished because leg W=Y and whole wave can end @ 61%Fibo.

Any brake to the upside will expose 83.60 as the 161% Fibo Extension of leg Y.


Seb

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 PS: Before and after charts

BEFORE:

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$DX Us Dollar Index Update

Introducing: $DX Dollar Index Elliott Wave Count

It is hard to say what will be next wave pattern as currently $ is in corrective cycle that have many possible outcomes.

What is interestig is possibe Head& Shoulder Pattern on Daily time frame. If neck line is broken, potential target for $US is very much in the area of wave A.

Seb