AriasWave

US Dollar - Tracking Minor Waves - Wave 2 Still Unfolding

TVC:DXY   Indeks Mata Wang Dolar A.S.
I thought I would show you my view on what the US dollar is doing in relation to the start of this C Wave.

The leading diagonal appears differently here with alternation between waves ii and iv displayed perfectly.

Waves i and v are similar in length which adds to the supporting evidence that this is what we are seeing.

For Wave 2 we are still in Red Wave C and I expect Red Wave D to break out of the channel to the upside and Red Wave E to retest it.

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