The Dxy has been on an uptrend since the beginning of 2021 and continued until 2022. On may 22 it has found resistance @ 105.091 and went short(correction) until 101.255. Price made an impulse move and broke the resistance the second time attempt and retested the resistance now turned support(105.782). The uptrend ended 28 September and price has now made a short...
It shows a bullish strength from bigger time frames..and right now I think its going to retrace /correction and continue the movement to the up side.
On a 3Hour chart us 30 has been on a bearish channel for quite some time now. And it looks like price its respecting the resistance trendline of the channel.