double top in the end of an uptrend might give as a signal of reversal specially after a series of HH and HL that forming up trend.
DXY is fluctuating in channel forming wave 4 and one of the two illustrated scenarios is might be happened . so we watch and see .
Canadian dollar derives his strength from a good lately yield accrued on oil prices on another hand we maybe on the threshold of upcoming cut in interest rate from the RBNZ . and that for my point of view will drive the pair lower trying to test 0.84 levels.
under the lately disappointing US economic outputs, and unfolding next possible hike combined with decreasing risk appetite. i am expecting more bullish on silver in the next five months.
very clear Elliot waves