On the monthly chart, the US Dollar Index
has soared without a pull back since May 2014 leaving questions for a possible future retracement. Approaching the 1.618 Fibonacci extension (~101)
and previous key resistance at 103
is a price region where the effect on price action behaviour will be of significant interest from a technical perspective to witness a potential pullback. Until then, Dixie continues to cycle offering short to medium-term long opportunities on the daily time frame.