US Dollar Index Daily Wave View

Jack Crooks Black Swan Capital

Analysis: The swing high at Wave [ii], 98.45, represented a 61.8% retracement of Wave [i] and appears complete, taking a single zig zag pattern (ZZs). A Wave [iii] trend move lower should be underway; it should carry the dollar to fresh multi-month lows; the target is 94.62. Below key support at 97.14, Wave [i] low. adds validity to this view; the next swing support comes in at 95.83.

Author

Jack Crooks

Black Swan Capital

Experience Jack has over 30 years of experience in the currency, equity, and futures arena. He has held key positions in corporate financial analysis, brokerage, investment research, money management, and trading.

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