TVC:DXY   U.S. Dollar Currency Index
Following DXY's PA, we can see that we are breaking structure to the upside. Even though I do not trade on the DXY I still use it as it can be used as confluence for currency pairs.
Comment: The fact that DXY took off fairly fast, you can expect a retracement to go and clear some IPA. As my mentor John Fib would say, "What's fast doesn't last."

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