DXY Dollar Index DXY has rallied from lowest blue line (just out in fact, but close, considering how far it has fallen now) and rallied to the next line pretty much spot-on. So it's now vulnerable again at this point....it has to push up through this next line right here at 89.42 and hold above here for the dollar to go up any more and therefore for EUR and GBP to go down any more from lows hit today. That is a good spike though, for sure. It could be the low...but we will only know for sure when the next move back lower begins...but bulls will take cheer from today and try to push DXY higher now if they can. This is line therefore the next key level on DXY right here, and so too therefore for the pairs