Tesla reports mixed Q2 results as softer demand dents sales
USD Index is trading nicely higher, now in a probable red wave 4) as part of higher degree impulse. If that is the case, then more intraday weakness may show up, as price seems to be undergoing the final wave C of this fourth wave correction.
The ideal reversal zone for this corrective retracement may be around the 97.603 level where previous minor wave 4 can act as a support and a reversal higher.
USD Index, 4H
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