With crude oil attempting to break to the downside out of a large triangle, I believe inflation could continue to decrease in the coming months. This could help keep the dollar in a downtrend, especially since the Fed may consider more rate cuts this year—unless the economic situation dramatically changes in the next month or two.In the video below, I will also cover the Euro, as it should be on my watchlist due to its attempt to break out of a significant range.Video Length: 00:06:52More By This Author:Elliott Wave Analysis: DeFi Bulls Can Be Ready
NZD/USD Is Looking For A Bigger Recovery
DAX Found A Textbook Support
