DXY Macro Outlook U.S. Dollar Currency IndexTVC:DXYCHIT0SEThe Foundation: After a significant macro markdown phase dropping from the 110.00 area down toward the 95.00 level across late 2025, the DXY established a solid accumulation/consolidation phase. Wave (A): The market initiated a strong bullish expansion leg, aggressively pushing up to break past the immediate local structure around 100.50 in March 2026. Wave (B) Retracement: Price experienced a corrective leg downward into May 2026, catching a clean bid around the 97.50 structural floor. Long-Term Outlook: The Five-Wave Extension Pathway Following the structural lines plotted in 1000037094.jpg, the macro trend is expected to unfold through the following sequence: Wave (D) Pullback: After tapping the 104.00+ target zone, a multi-week corrective retracement is projected to find support right back at the previous key psychological level near 101.50 - 102.00 (the premium level of the current range). Wave (E) Expansion: Once Wave (D) mitigates new demand, the final macro leg expansion is projected to drive price directly into the major 107.50 Supply Zone (the thick pink horizontal resistance band capping the top of the chart layout). Key Takeaway: The structural bias remains firmly bullish for the remainder of 2026. As long as the 97.50 swing low remains completely protected, every major corrective dip is technically positioned as a higher-low setup to fuel the expansion toward 104.00 (C) and eventually 107.50 (E).