The Dollar appears ready to embark upon the next leg of its bull market. In Objective Elliott Wave terms the Dollar has been in a bull market since late 2004 when it bottomed at 80.40. During the upward trend, a five advance advance unfolded as the Dollar rallied to 92.60. Since that high in November 2005, the Dollar has been correcting in what appears to be a flat: an established low that is retested. Today that low was successfully tested! In the past, every time the Dollar has corrected the 5-week RSI has touched the oversold 30 level: during wave 2, wave 4, wave a and now wave c. With the MACD at neutral it appears to be at a good momentum setting to launch the next leg up of its bull market.