U.S. Dollar Index
Long

DXY// Back In Channel (update)

67
After falling out of a slight wedge, DXY has been able to rise back into the rising channel, retested, rejected and now we can expect to price to propel from this current area.

One thing to keep in mind is that in a wider view, DXY has hit historically monthly lows after falling to hell. We should expect a decent pull back from those lows. The broken structure is ~96.

Previous analyses linked.

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