US Dollar Index At Elliott Channel Support??

The US Dollar Index, 4H view might be suggesting a potential bounce around current price action (96.20/30). Keeping our previous discussions intact, we are presenting an alternate wave count, which could be wave 4 (of a lower degree) termination at 94.10 lows today. If Looking at the drop fro 97.00 levels, the US Dollar Index has unfolded into 3 waves A-B-C, until now. Furthermore, a potential channel support is also seen around current level at 96.26. A bullish reversal here may suggest that the indice might push above 97.00 level, as wave ((5)) of the higher degree, before dropping lower. Until prices stay above 94.90 levels, the possibility of presented alternate counts remain.

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