DXY is currently in a corrective phase and according to Elliot wave theory, the current pattern looks like an expanded flat. Where ABC will be completed at 107, now this is can also be a running flat where ABC is finished at 105, with bearish target of 99.
Current daily trend is corrective in nature with weekly resistance zone at 105-107.
Current daily trend is corrective in nature with weekly resistance zone at 105-107.