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Nov 4, 2021 8:55 AM

DXY H4 - Long Setup Long

U.S. Dollar Currency IndexTVC

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DXY H4

We mentioned that we are in unfamiliar terriory at the moment with DXY. We saw the extension higher yesterday off the evening events (FED). However, nothing too aggressive, possible corrections due, I'd like to see us push 94.500, pullback and then break upside on the next attempt as indicated.

Whether we see a short term correction first (today), we will have to wait and see. But ultimately, something like forecast would make sense to me.
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