Dxy(dollar index) short term long
The Dxy has been on an uptrend since the beginning of 2021 and continued until 2022. On may 22 it has found resistance @ 105.091 and went short(correction) until 101.255. Price made an impulse move and broke the resistance the second time attempt and retested the resistance now turned support(105.782). The uptrend ended 28 September and price has now made a short term down trend and has reached the significant on a daily time frame . Now I expect price to go long until 108.283 as a corrective move and continue going down. Please find the analysis as my personal view of the direction of the market and not as signal to enter the market.
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