�@2006 USD Index

  

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It is very obvious that USD is in a Zig-Zag, what I'm not sure is that whether this is 4th of c of b or this is 1st of c.  If you long it up, set $83.2 as mid term stop loss.  Target range of the highest point is between $92 and $99.8.  This whole correction should last until September or October of 2006, then it'll be back to the long fall, in early 2007, there maybe huge up & down.

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I don't suggest doing any trade for USD now because I'm not quite sure about the 3rd & 4th waves counting and if this 4th is a zig-zag, then I'm not sure if it just finished a of 4th of c of 4th.  I'd rather wait for the 5th wave down to long USD up for 3 months. Stop loss could set at start of 1st wave which is about 80. 

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Roy