USD Index look like it is ready to fall based on the fib and the wave pattern. The only question i'd like to know is 'is it ready?'
Wave breakdown: 1. From the top, there is a clear and clean 5 wave impulse down. 2. From the bottom, I have marked out a fairly clear corrective Flat (5-3-5) wave structure. 3. Of the corrective ZZ, A vs C ratio has extended to 1.618% - a usual termination point. 4. Retracement of the impulse has hit 0.618%
Let's watch and see what happens but signs are that USD is about to drop.