USD Index Is In A Corrective Phase

USD Index is in a corrective phase as market made only three waves down from the high, which is a structure of a contra-trend price action. We see pullback in wave four, but the question is if corrective set-back is already done. Well, based on higher degree of current wave 4) we assume that market can be making something more complex, maybe a flat or even a triangle. As such, we assume that current rise is wave B, still only second leg within a sideways move.
USD Index 4h Elliott Wave Analysis

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