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Introduction
Up to the present moment there is no confirmation of the completion of the correction in the favor of the dollar that has been developing since the second half of March. However its wave structure and the current depth allows to bring scenario v.3 to the forefront and expect the beginning of a new stage of the weakening of the US dollar (refer to The review of the bigger Time-Frames (Annual Wave Analysis, 2008)) and the article The review of the bigger Time-Frames (II quarter of 2008)).
The confirmation of the completion of the correction and the beginning of a new stage of the wakening of the US dollar are the expected events at the beginning of May 2008.
The details of possible scenarios of reversal are considered in the corresponding sections.
Reference
Dmitry Voznuy
forDmitry@yahoo.com
May 3, 2008
When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
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