DXY has had a very healthy Bear market rally but there is a smaller blue channel developing withing the big picture. - watch for support at 95.53 - if that level fails, DXY could see sub 90 before year end.
Comment:
DXY wants 100 - likely nobody will see this old chart update, but I wanted those who do to see the old lines are still in play. In my view CNY is the only other fiat capable of challenging the dollar and that one is not getting stronger anytime soon. Look for DXY to test that red diagonal by mid summer if not sooner - Good Luck