US Dollar Index broadly remains under control of bulls until above 91.75 mark. The index has found support around 93.34, just below fibonacci 0.618 retracement of the rally between 92.70 and 94.75. It could be unfolding as a lower degree wave iii of 3 or Wave 5 within a leading diagonal or still unfolding Wave B within a flat. Either way, 91.75 holds key for bulls to remain in control.
Remain long, add more @ 92.80, target remains 96.00 and higher.
Good luck!
Remain long, add more @ 92.80, target remains 96.00 and higher.
Good luck!