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U.S. Dollar Index with ticker DXY is in a massive recovery and it’s unfolding a five-wave bullish cycle within higher degree wave (C) of a larger (A)(B)(C) correction as expected. We talked a lot about that in the past month, we also shared a tweet, when we spotted wave 4 correction within uptrend that can send the the price higher for wave 5.
Let’s start from November 25th, when we noticed a completed subwave “v” of a lower degree impulse within wave 3, which caused a new drop, but we pointed out it’s only a wave 4 correction that can retest the support around ideal 38,2% Fibo. retracement. 
DXY 4H Chart From November 25
Later on December 10, DXY made a nice corrective pullback into projected support area, from where we expected a bounce and bullish continuation for wave 5 of (C). 
DXY 4H Chart From December 10
As you can see today on December 19th, DXY is coming back to highs for the final wave 5 of (C), so we should be now aware of limited upside and reversal down, but maybe barely in 2025, as there can be still space for slightly higher resistance up to 109 area. 
DXY 4H Chart From December 19More By This Author:PolkaDot Is In A Bigger Recovery As Anticipated
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