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BULLISH DOLLAR IS BACK !!!(WAVE ANALYSIS CURRENT PICTURE)

Long
U.S. Dollar Index (TVC:DXY)  
WaveSavvyTrades  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Wave Analysis
7
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trendanalysis chartpattern waveanalysis
The recent dollar correction has been annoyingly very slow and after long periods of choppy downward correction, it seems that bullish dollar is back on the table. The recent leg up (first major wave) found resistance around 105.86 and has since been treading lower from March 2023 till it found a bottom at 101.41 (about 0.786 fib) from when 100.81 (Feb 2023 low) is used as bottom, and 105.86 as the top. Current price has made a first minor leg up and corrected to form wave 2 (0.618 fib). We currently have wave 3 underway and if our wave theory plays out, I would expect the next major resistance at about 104.85 (minor wave 5)
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