Within the yearly time frame, we are currently observing two potential scenarios for DXY:
1-WXY Wave Scenario:
* We are in the process of forming the first leg (Wave A) of the y wave.
* Wave A is projected to reach between 80-70.
* Following this, a rebound to 100-106 is expected as part of Wave B.
* The sequence will conclude with a decline to the 70-60 area, marking the formation of Wave C.
2- New Big Upward Trend Scenario:
* Completion of Wave 1 has been observed.
* Currently, Wave 2 is in formation, which is anticipated to conclude at the end of Wave 4 from the larger Wave 1.
In both scenarios, a key observation is that the DXY is expected to reach the 93-89 area. Upon reaching this critical juncture, a re-evaluation of the chart will be essential to determine which of the two scenarios is unfolding.