Dollar Index at multi-year highs
The USD Index is making a pullback as expected, which we think it's a fourth wave after a completed extended black wave 3. As such, we are now tracking wave 4 that can retrace for 38.2% or even back to former wave four before market turns up again. With that said, be aware of another leg-down in the short-term, close to 91.37 from where price could bounce up into wave.
USD Index 4-hour Elliott Wave Analysis