FX.co ★ U.S. Dollar Index (USDX) in Forex Trading

Hello traders! Bears who are selling dollars against majors - with profit! So, a comprehensive analysis of #USDX, taking into account Elliott Wave Analysis, MACD, and moving averages (55, 89, 144), indicates the completion of a southern impulse at a lower wave level (M30 chart). The main scenario suggests a market collapse. However, the northern scenario remains relevant, but its implementation requires overcoming the level of 98.22 without breaking through 79.72.