We should be tracking US Dollar Index very closely as ending diagonal down from 95.00 suggests that bearish trend can be reversed soon. Notice that we can count nice five waves down from end of March, so sooner or later market will bounce with minimum three legs. In fact, we see minor 94.07 swing high broken, so it can be the first signal for more gains ahead, but we still need to see a daily close price somewhere around or above 94.40 for final confirmation of a bullish turn.
USD Index, 1H
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