Tuesday, April 13, 2010

USD ~ Elliott Wave Count 12 April 2010

I posted this count early April and so far the Dollar has obeyed pretty well... : )

Here's an updated chart:

I think that Intermediate wave (2) will unfold in a simple zigzag. Wave A may bottom around the wave 4 low and wave C around the 50 % retracement and the wave 1 high.