Dollar strength seems back on the board again this week. The price action has been following the elliot wave trend pattern. If our wave analysis is correct, the DXY would need to complete impulsive subwave 5. Further the current price action seems to be forming a falling wedge adding the the bullish bias. This is bullish for dollar against dollar pairs. This means that EURUSD, USDCHF, GBPUSD, SPX, DJI etc could all be in trouble against the dollar