US DOLLAR (dxy) CORRECTION

٢٥ أغسطس ٢٠٢١

on the 30M timeframe, the Us dollar index shows a complete bullish impulse composed of 5at subwaves, The bullish impulse terminated at 93.70 regions then we saw a sharp decline to 92.80 which forms an impulse having 5 subwaves. I, therefore, expect a correction to the upside to form wave B or wave 2, which will ideally be followed by a resumption in the bearish move to make our wave 3 of our bearish structure or wave C of corrective structure.