TVC:DXY   U.S. Dollar Index
As can be seen in the daily chart (and in larger "frames") the price has been devaluing for several months.

There has been relatively little evidence that if it was forming a head and shoulders pattern, however, as the price did not remain above the neckline, that pattern was invalidated.

At this point it is possible to see that the movement of the index fall seems to be giving signs of slowing down and even a possible change of trend.

If the reversal of trend is confirmed, the ideal would be to wait for the closing of today's daily sail and see if it confirms the closing and the breakout of the downward trend line that has been forming already a few weeks.

Therefore, a possible upward movement by the DXY index

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.