Whether we are building out an Ending Diagonal wave (v) or simple impulse leg, the same targets apply for a very important longer term inflection point as we head into 2018. FED's rate decision day volatility aside, structure is holding up well. Through 94.50 on a closing basis would require either the Ending Diagonal or consideration that we're already in iii much higher...
The Dollar, once bottomed, should see sustained strength into 2020 or a little longer if markets can handle the heat of strong equities and Dollar...until it can't.
The Dollar, once bottomed, should see sustained strength into 2020 or a little longer if markets can handle the heat of strong equities and Dollar...until it can't.