TVC:DXY   U.S. Dollar Index
DXY has reached the monthly supply zone. However, the trend is in the course of a daily bullish wave, slightly above the daily supply zone. If it breaks above the daily supply zone and finds support, the daily uptrend will continue, and if it falls below it will move down to the daily demand zone. A rebound is likely in the daily demand zone, as this is where a strong support line for the daily uptrend is expected to be drawn. Conversely, if support is not found in the zone that should be supported, it will become a daily bearish pattern, and it is highly likely that it will come down to the weekly demand zone.
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