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Dollar Index

4 Sep 2020 ‚óŹ 03:10 AM

The dollar index stopped at the blue line near 93.085. So while wave 4 up to 93.70 is open, it is possible that the 4th wave fomed a running correction inside the two blue lines for wave 4, and sells off from the 20dma down toward the lower end of the channel near 90.50 and then below that closer to 88.50 which is almost close to the 2018 bottom. In short yesterdays high can end up being the near term top for the dollar.

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