I was asked if I could post my technical view on the dollar earlier today so here it is. Currently in the medium term it seems we have a bear flag
forming on the dollar which will be confirmed on a break below the flag portion of the pattern. I see only two real areas of support marked on the chart with the 1st area being the more aggressive buying point. Some might say there is support at the 96.00 marked by the red horizontal line, but in my opinion that's a little to speculative to regard as support.
Price has gotten rejected three times around the 100.00 area so its very much confirmed that the 100.00 area serves as a significant resistance area
Also along with this chart, I will provide in the body of this post a weekly chart showing the next resistance area
if we do break above the current yearly resistance.
As of right now, I see no trade for myself in regards to the DXY
Happy Trading! =)