alan5344

US DOLLAR IN DOWNWARD CORRECTION

TVC:DXY   The U.S. Dollar Index
114 0 3
The US Dollar             has completed Wave A and B of an ABC corrective wave pattern. The dollar is now in the process of printing out wave C. Currently the dollar has one more small move upward to complete a small abc pattern. Once the small abc pattern is complete then the dollar will continue on its journey downward to complete Wave C at target 1. On its journey downward expect the dollar to be interrupted with one or two small corrective waves. These small corrective waves could either slope upward or move horizontally. Once the ABC corrective wave is complete the dollar should then resume its upward ascent.
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