Check out DXY, the US dollar index, in the charts below.
Consider that the Euro has the largest weighting of 57.6% and how the index reacted to the conflict in Ukraine.
Notice how the index is at a level of previous supply.
Each of the Monthly, Weekly, and Daily charts is on a Green TD9 count.
This alignment suggests the move is close to ending with an anticipated retrace.
I believe that News Follows Price.
Does this mean that a ceasefire between Russia and Ukraine will happen next week?