#DXY Elliott Wave Analysis

We've been saying it for weeks. The dollar isn't done.

The WXY correction from wave (ii) is complete. The descending resistance line broke. Wave 2 of the larger degree looks finished. Invalidation sits at 100.353, below the wave (ii) low. Hold that level, and the next leg higher is starting.

Same view we've been sharing here again and again. The market keeps confirming it.

For your charts, that means:

EURUSD, GBPUSD, AUDUSD, Gold: pressure lower

USDJPY, USDCAD, USDCHF: wind at their back

One chart, one direction. The whole board follows.

This is what EWS gives you: a look one step ahead of the market, not a reaction to it.