The ADX DMI is signaling that momentum is ticking to the upside but at a very slow pace.\u00a0 ADX is at 17.83 with +Di at 16.34 and \u2013Di at 13.52.\u00a0<\/p>\n\n\n\n
Dollar Sol Price Daily Forecast<\/h3>\n\n\n\n![\"Dollar](\"https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2023\/03\/image-7-1024x653.png\")
<\/a><\/figure>\n\n\n\nElliott Wave Forecast<\/h3>\n\n\n\n
The first retracement reached the 61.8% Minor 2vs1 which could have been the end of Minor 2 when the pair dropped down below the 3.7647 Minor 1 low. However, the recent rally back up into Minor 1 territory leaves the possibility that Minor 2 is still developing. <\/p>\n\n\n\n
This would make the extending move a Minute degree expanding flat because of the drop below Minor 1. These B-wave retracements always reach down past the 100 BvsA as this one did. As a result, we can expect a move past the 100% CvsB to at least the 1.14%.<\/p>\n\n\n\n
From there, the downward trend in Minor Degree Wave 3 should continue. Note that this wave could start sooner if price drops back down below the 3.7647 Minor Degree low and Fibonacci BvsA retracements. <\/p>\n","protected":false},"excerpt":{"rendered":"
Dollar Sol Price This morning Dollar Sol price opened up at the 3.7839 hit a low of 3.7755 moved up for an intraday high at 3.8118 before settling at 3.7885.\u00a0 Both the Elliott Wave structure and Momentum indicator is favoring an upside move.\u00a0 The ADX DMI is signaling that momentum is ticking to the upside […]<\/p>\n","protected":false},"author":1,"featured_media":2557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193,200],"tags":[],"class_list":["post-3020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex","category-precio-del-dolar"],"yoast_head":"\n
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<\/a><\/figure>\n\n\n\nElliott Wave Forecast<\/h3>\n\n\n\n
The first retracement reached the 61.8% Minor 2vs1 which could have been the end of Minor 2 when the pair dropped down below the 3.7647 Minor 1 low. However, the recent rally back up into Minor 1 territory leaves the possibility that Minor 2 is still developing. <\/p>\n\n\n\n
This would make the extending move a Minute degree expanding flat because of the drop below Minor 1. These B-wave retracements always reach down past the 100 BvsA as this one did. As a result, we can expect a move past the 100% CvsB to at least the 1.14%.<\/p>\n\n\n\n
From there, the downward trend in Minor Degree Wave 3 should continue. Note that this wave could start sooner if price drops back down below the 3.7647 Minor Degree low and Fibonacci BvsA retracements. <\/p>\n","protected":false},"excerpt":{"rendered":"
Dollar Sol Price This morning Dollar Sol price opened up at the 3.7839 hit a low of 3.7755 moved up for an intraday high at 3.8118 before settling at 3.7885.\u00a0 Both the Elliott Wave structure and Momentum indicator is favoring an upside move.\u00a0 The ADX DMI is signaling that momentum is ticking to the upside […]<\/p>\n","protected":false},"author":1,"featured_media":2557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193,200],"tags":[],"class_list":["post-3020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex","category-precio-del-dolar"],"yoast_head":"\n