Is the US Dollar about to fall?
We have now developed a fairly large negative reversal in the daily RSI (dashed line) which usually leads to lower lows.My personal "view" of the current formation is that we are likely in an a-b-c down wave (see link below to previous post). Notice in this view b= .62 retraction of a. We are now possibly at .b which is a .5 retraction of .a.
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