Dollar index possible reversal

٢١ يونيو ٢٠١٥

FXCM-Dow jones dollar index retrace close to mid-May low now. But wave count and RSI profile hint a possible reversal near the mid-May low. I doubt we will see a break on the first attempt here. The RSI profile also could means one more low in the very near term. Use a conviction break as a trigger to enter the long side.