US Dollar Index - Technical Outlook

The US Dollar index exposes the consolidation in a fourth wave of Minuette degree identified in blue. In this context, the price could develop a new lower low.
Nevertheless, considering the alternation principle and regarding that the second wave in blue looks simple in terms of price and time, the fourt wave in progress should be a complex corrective pattern.
DXYElliott WaveUSDDJ FXCM IndexWave Analysis

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