USDX Daily

In early 2017 futures of the dollar index completed a large third wave. Now its correction will follow, which will tend to approach the lower line of the ascending channel.

In form, it will be either a triangle or a zigzag, the ending of which will not go below the level of 89.25. When the wave (B) is formed, bright and disturbing events are possible, but they will not affect the movement of the DX, and it will not go above the maximum of 103.82. The finals of waves (B), (C), (D), [4] are drawn approximately and show only the nature of the corrective movement.

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