US Dollar Index prints yet another high around 94.48 today

US Dollar Index might have carved a meaningful higher low around 92.68/70 levels last week. The Wave structure might be construed as potential Wave 1 and 2 in place around 93.47 and 92.60/70 already. Since then a Wave 3 rally is unfolding and it could continue through 95.00 and higher going forward. US Dollar Index had earlier dropped in 5 waves from 103.00 through 91.75 respectively. The index might be poised to complete a meaningful corrective wave through 98.00 mark going forward. Good to buy on dips from here on.

Remain long, stop below 91.75, target remains open.

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