CAPITALCOM:DXY   US Dollar Index
Patterns look familiar?
If price tests the 103.60's, could we see a repeat?
Higher PPI report came out today.
Interest Rate Decision next week.
What could CPI read next week?
So many factors to consider.
Fed said they will slow the amount of hikes but may get more serious about the level of hikes if data doesn't show good indicators relative to inflation.
Price broke first trend line. Will it touch the second or not before the next market fall ?
I personally believe we may be in the midst of a new impulsive wave to the upside.
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