Looking at the Hourly here. DXY completed a nice 1-5 followed by an ABC ( A and C were a nice 1:1 move) right into the .618 Fib level and right into structure. We could be setting up for a nice move to the upside here if we get an impulse. Could wait for the impulse up and buy on any pull backs.
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The corrective wave was a little more complex and took longer than I would have liked. However, we are know getting that next impulse up. Lots of room to the upside. Will be submitting a 4hour chart soon.
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