#DXY-DXY- Labelling changed WXY Double ZIGZAG in Y) of 2) or (b)...
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MARKET COMMENTARY:
1. Same like EURUSD....i changed this labelling according to the current price action shown here.
2. Currently we are in the final c) wave to break the previous low 89.54 may break 89.2 or not all r valid.
3. Previous the wedge formation is a leading diagonal in wave a) oof Y) and b) wave completed @ today's high.
4. In the NFP news event $ got slapped and coming down aggressively and "C" wave character too...
5. Once this Y) of 2) or (b) completed...i am expecting a $ bounce may be a double bottom and the major support.
DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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