FX.co ★ mdouglas | Wave Wisdom: Mastering the Art of Wave Marking in Forex!

On #USDX, I am increasingly inclined to believe that the price will continue to decline in the larger wave (C) towards new lows, approximately around 95.00. However, there is still no confirmation of this, and there remains a small chance of an upward move in the third wave, as I hoped for until yesterday. Until there is a new low in wave (b), I still expect an upward move in the third wave. But here's the issue: today is Friday, and on Fridays there are no thirds, so I do not rule out the possibility that the low in (b) will be updated and we will continue the decline. If we do not update the low, then I will expect the third wave from Monday. Today, we will likely have a flat with a gradual decline towards the low of wave (b).