Dollar Index seems to form a textbook Double combination. A Double combination is 2 corrective joined with an x wave.
The abv figure shows a double combination from Mastering Elliott Wave which consists of an Elongated flat and contracting Triangle.
In our case of Dollar Index similar situation exist . We have Double Zigzag as first corrective and then a contracting triangle as second.
Final leg e of the contracting triangle seems to form a double zigzag too with c as terminal
impulse.Initially it should head towards 79 and 86$.
