DXY USD 05 Oct 2022

Another leg up?
Now price is still a 3 wave drop from the top, hence the probability of another new high is good
Hope it play out as expected

Comment:

touch wood, it is playing out, price closed above channel line, meet resistant region around 111.79 and retrace back, price should now spike up it and climb to new high.

If it did, then we can expect new low for euro, gbp etc as dxy goes higher