DXY - 28Feb2022
On the weekly, last week price action closed above previous week green candle. We could expect DXY to strengthen as market participants rotate into safe-asset while geo-political conflict intensifies.
On the H4, price has pulled back to near 50% Fib support and previous breakout zone. This is in-line with Wave 3-(3) to push up higher. If price action closes below 96.145, this wave count will become invalid.
This is for personal record purposes only, not financial advise or solicitation of trade.