USD index moved to a new low and now we have five waves down in black wave 3, so traders should be aware of a possible bounce in the near-term. Ideally that will be a wave 4 pull-back that may retrace even back to a termination point of one lesser degree shown at 82.11. Notice that wave (v) also tested equality level compare to wave (i) that’s very common and supports the idea that lows are near, especially if we also consider a bullish divergence on the RSI.