US dollar index

<p><a href="https://www.bettertrader.co.uk/.a/6a0162ff9ddd58970d026bdea67ff8200c-pi"><img alt="DXY201120" border="0" src="https://www.bettertrader.co.uk/.a/6a0162ff9ddd58970d026bdea67ff8200c-800wi" title="DXY201120" /></a></p>
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<p>This is another scenario on the dollar wave count because if wave iv (circle) was the bounce in September the dollar would be going down in an impulsive manner and it would have made a new low by now. The thing that makes me think wave iv (circle) is probably a triangle is the shape of the decline from the top of wave (a). It is not an impulse wave and more likely to be wave (b) of the triangle. In this case the dollar will rally to 93.70 to complete wave (c). Thereafter it will go sideways until wave (e). The decline will resume after wave (e).</p>