This analysis shows the whole downside as a corrective move. And the ongoing ending diagonal confirms a reversal to more upside. The invalidation level remains at the previous low, and above that the upside remains a likely move.
The Fed's Interest rate decision could trigger the strong move breaking the structure.
Price breaking the previous low (Invalidation level) means the dollar would go to further bearish levels.
The analysis is based on the Elliott Wave Theory.
The Fed's Interest rate decision could trigger the strong move breaking the structure.
Price breaking the previous low (Invalidation level) means the dollar would go to further bearish levels.
The analysis is based on the Elliott Wave Theory.