DXY long (Supply Demand, Correlation EXPLAINED)

Hello Traders !

DXY is right now at a Demand Zone. I expect the price to make a little pullback and then to go up.
Use the DXY as a confirmation for your trades. Like we all know. The DXY is correlated with the EURUSD, XAUUSD and AUDUSD for example.
It shows you the currently strength of Dollar. Therefore you can better determine the direction on the other pairs.

Let me now in the comment section below your view on DXY and what you think about my Analysis.
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Thank you and we will see next time
- Darius.