ElenaMayi

DXY 1D (face two scenario)

TVC:DXY   U.S. Dollar Index
US Dollar Index

Analyze

Generally the price near to reach a strong support zone 102.953 -103.911 so dollar will face two scenario

First : if can price continue downtrend and can break and stable under 102.953 the direction will be downtrend and price will try to reach 101.976 , 101.252 and 100.406 so the commodities , pairs against Dollar and indices will go up

Second : if can not stable under 102.953 and price rise up the price will retest again to 104.573 , 105.136 , 106.076 so the commodities and pairs against dollar and indices will back off

support line :102.953 , 101.976 , 101.252
resistance line : 104.573 , 105.136 , 106.076

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