DXY long or short - Trend Line - Why analyzing the DXY?

Hello Traders!

On the DXY the market is right now in the middle of 2 zones. In cases like that you simply need to wait in order to see in which direction it will go. If it will go up to the Supply Zone. Then we can expect a nice drop from there.
If it will go down to the Demand Zone we can expect a nice push to the upside.

What can we expect:
One of the both scenarios. Watch Price Action in order to be confirmed.

... but ...

Why do we need to analyze the DXY?
Actually I like to have a look on the DXY because of the Correlation. So the DXY is nice to use when we are trading XAUUSD , EURUSD , AUDUSD , GBPUSD . Usually when the DXY goes up, the mentioned pairs will go down.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.