Elliott waves analysis – Wait

Nothing much appears to be happening on this chart, the US Dollar is still rallying within a range, not giving clear directions. Basically, we are looking for a continuation of the impulsive wave (c) to the lowerside and may see the price break and close below 128.138 or even lower. On this chart, sellers are in control unless we see a clear break above the last impulsive wave v. If this is the case, then a bullish rally towards 140.9 or even higher is expected.

Wait