DXY (USD INDEX) MONTHLY SHORTI think we have finished ABC correction and are now in the last part of the X wave.
after this X wave, I predict that the USD index will fall to the areas shown.
furthermore, we are in the upper area of channel down.
Also, I have provided Fibonacci retracement of the ABC wave and now we are in the middle of that wave (50%). In addition, Fibonacci projections of X wave have made a resistance area shown in red!
conclusion:
I believe USD have very bad days in front of its currency and we may hear bad news about the united states in the months coming.
wish the best for all people of the world.
God bless us
