DXY Strongly Bullish:

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DXY Strongly Bullish

The DXY (US Dollar Index) is currently showing a strong bullish momentum. I do not expect the price to retrace back into the monthly breakout gap unless the extreme high is taken out first. With the ongoing strength in the US Dollar, the market is likely to continue pushing higher, especially if the price holds above key support levels. The bullish trend is intact, and any pullbacks might be shallow before the next leg up. Traders should remain focused on higher targets, monitoring for any significant shifts in market structure that could signal a reversal. The key point is that the extreme high must be taken out for the continuation of this strong bullish trend.