Per the updated chart below, it looks like the dollar is still generally tracking the base fractal from the 1990's. However, the current correction is deeper than the same point in the earlier pattern. Based on timing analysis, cycles should bottom and turn up sometime between May 9th and May 20th, 2013 (ideally, May 15th). IF the fractal continues to track, the dollar should begin a mult-week vertical rise out of the May low, whenever it actually occurs.
Also posted is the dollar chart with my best guess at the Elliott Wave count, which aligns with the idea of a large up-move starting after current correction is done.
We'll see fairly soon.
Kim Rice 4-30-13
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