Intraday Elliottwave Analysis: DXY, 93.28 is key level to watch

Dollar Index threatened to close above long term control point at 93.28.

Directly bullish toward 93.77/94.31 could not be ruled out.

If so, today should not close below 92.65.

Close below 92.11 will negative this view.

Daily support      Levels: 93.06 92.90 92.81 92.74 92.63 92.37

Daily resistance Levels: 93.44 93.56 93.66 93.88 94.19

Dollar Index Trade Idea:

Buy Limit @ 92.92   SL @92.42  Take Profit @ 93.87/94.19

Intraday Trade Idea:

Sell Latentinterest Order:  93.87

Click on the image to enlarge

dxy chart

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Views are my own, not trading recommendations.