$DXY — The Hot Topic
Is this consolidation before another leg up? I think that’s most likely the case.
However, on the LTF, we’ve started to see some weakness — at least as an intraweek trigger — which could lead to a pullback toward one of the blue boxes if we start losing the red box.
If we do pull back into the blue box, I would expect it to hold and lead to another leg higher or a reclaim of 100.39.
All over of this to look bearish you need to see it losing the green line otherwise its looking fine for higher.
