The Dollar index has risen from yesterday forming a minor five-wave impulse pattern. This could be an early indication that the higher degree 5 wave out Primary count has started as the ABC of the Intermediary from last half of December 2016 has ended. If this is true we are to see the dollar index making a higher high compared to its 3rd wave at 102.94 level and most likely above the 110 area.
DXYdxyanalysisdxyindexdxylongEconomic CyclesElliott WaveFibonacci

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