As you can see, the US dollar index has completed a 5-wave uptrend and after touching the top of the uptrend channel and breaking the uptrend line, it is currently in the second correction wave. I expect to see the beginning of the third correction wave soon. This may coincide with the reduction of the US interest rate in next week!!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.