On Monday, Dxy made a new low at 101.50 and since then the Index started to consolidate in a pretty tight range. Slowly bulls seem to find some life and an up continuation could be next. The short-term target for such a rise is the 103.20 zone resistance. I'm bullish as long as 101.50 is intact
downtrend on MACD on the 4hr, daily, weekly, 100.5 looks more probable that being said DXY has retraced 50% on the monthly, we should expect a lower high to either 105 or 108 the next time it bounces
that being said DXY has retraced 50% on the monthly, we should expect a lower high to either 105 or 108 the next time it bounces