DXY: Huge Broadening-Wedge-Formation, Levels to Watch!U.S. Dollar Currency IndexTVC:DXYVincePrinceHello Community, welcome to my new analysis of the DXY from a 4-hour timeframe perspective. In recent times, bullishness has moved into the DXY, driving it to higher prices and confirming pivotal upper zones. This is an interesting dynamic because such an event is likely to lead to further price moves in the direction it established. Therefore, I have spotted interesting signs that will lead to the upcoming developments in a determining manner. When looking at my chart, we can see how the DXY is forming this giant broadening wedge bottom formation. Such a formation is known for fundamental reversals. The formation often occurs when the asset is confirming a definitive bottom and reverses the previous bearish trend towards the upside. The wave count within this formation has already been completed, and with the bullish bounce knocking on the upper boundary of the formation, there is a high likelihood of a major bullish breakout. Once this breakout has emerged, as seen in my chart, it will activate the bullish setup and confirm the higher target zones to be reached. The targets, as seen in my chart, will be activated once the breakout finally confirms. A lot of liquidity is activated to buy back debt by the central bank. If these buybacks continue, this will additionally fuel the bullish scenario and send prices higher. Also, the DXY staying above the 100-MA marks it as a major bullish support. In this manner, thank you a lot for watching! The support is highly appreciated. VP