DXY correcting from last run up

TVC:DXY   U.S. Dollar Currency Index
DXY             is correcting from last run up. However, for this trend to continue, the weekly ADX needs to turn back up along with the +DMI over the next several weeks if this is a breakout move to the upside for $. Possible indications of a strong up trend continuing could be a pullback to the 97.5x range which would be a 38.2% retrace, a pullback from ADX overbought range but +DMI remaining on top of -DMI , TSI remaining at or near 0, and RSI not dipping too far below 60 on the daily chart .

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