Dollar to correct higher in wave II or (B)
The dollar is stabilizing after breaking down 2017 low. The follow-through has been lack-luster. Right now, it seems like to be in the phase of correction higher as either wave II or wave (B) depends on the even higher time frame count.
The green arrow is a fast route to the 50% retracement. That correction would be finished in fall. Alternatively, the slower correction path would typically take longer toward the end of the year. Watch the important levels marked.
The green arrow is a fast route to the 50% retracement. That correction would be finished in fall. Alternatively, the slower correction path would typically take longer toward the end of the year. Watch the important levels marked.
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