A sharp drop in anticipation of the dollar

A sharp drop in anticipation of the dollar

According to the wave count of the monthly chart and the completion of wave 5 in an ascending channel and hitting the ceiling of the channel, we are likely to see a decline in the dollar index. Probably, in the next few days, the last upward movement will take place in the form of wave 5 of 5 or wave B, and after that a strong decline in the dollar index will take place.