Dxy analysis for the week

Dxy already hit tp1 and is now consolidating in a zone where it’s either creating a higher low (#2) of a bearish Elliot wave structure or expanding higher to break the range for its target of liquidity resting above the x and d legs of the harmonic

Keeping eyes on it

Correlation to keep In mind is:

If Dxy bullish then

Xxxusd pairs bearish
USDxxx pairs bullish

And vice versa