DXY Dollar Index Update After consolidating back to the lower parallel at 91.49 the Dollar has pushed higher towards the near term upside target at 92-55-92.64 range where it should consolidate again back to the lower parallel one last time before moving higher to the next upside target at 94.03.
The overall trend remains positive whilst DXY stays within the larger parallels governing this impulse wave from inception. Look to continue to sell EURUSD (as per comment) and other pairs into DXY consolidation until the 94 target is achieved.
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DXY Closer
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DXY Longer Term
DXY Longer still
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DXY Update Now testing the next line of resistance and likely to consolidate a little before pushing higher still EURUSD also on the parallel now, see next comment
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