Here we see an impulse wave which is actually the fifth wave of a larger Elliot wave super-cycle. However instead of an expected correction to the downside I predict that this impulse wave will be an extended fifth coming off the 76.4 fibo level, indicated by the high and the low of this impulse wave. Further encouragement would be the large double bottom shown on the larger timeframes(D1, H4) and other dollar currency pairs showing the same sentiment.