DXY appears to be in Elliott wave 2 and is likely to go down to nearly 90 in the next 5-6 weeks. It is then expected to move higher in the next year or so, if the wave pattern in this chart is correct.
PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
Note
Big picture:
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Disclaimer
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.