Is the dollar index DXY forming a crab harmonic pattern in anticipation of good unemployment data? Given very positive employment data on ADP Nonfarm Employment Chage with came out 246k vs a forest of 165k and the better than expected Jobless Claims number of 246k vs 250k forecast; the DXY seems posed to make a bull run if the Unemployment Rate beats the forecast of 4.7% today Friday 2nd.
If it does in fact beat the forecast, we could see bull run until the 102.00 range.