I believe we have arrived, and are about to encounter a scary long move up in DXY, just when everyone thought it would "fail." I think we have one more wave, up, and it could get impulsive, but for now, it is Cycle II, so a little deeper, to maybe 103-104.
Note
With all this chop, its hard not to find irregularities in the pattern. I am going with the LCD of irregularities, as I see it, and calling the last high an irregular ("bullish") B, where participants got zealous and DXY still had magnitude to work out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.