US Dollar Index might have terminated Wave 3 around 93.17 today or could be close to terminating soon. If the above is correct, the index might drop towards 91.40/80 zone to carve Wave 4 lower, before resuming its rally towards 94.50. It could complete an impulse if unfolds accordingly signalling a much deeper rally towards 98.00 levels going forward.
Remain long against 89.70 towards 94.50
Remain long against 89.70 towards 94.50