Description
⋅ Whilst the argument is strong for a weakening Dollar longer term. (perhaps)
It looks like at the moment the DXY is having a retracement (which may last until early Feb)
The bearish scenario could play out here with a solid rejection from the downward sloping TL.
Or invalidation and continuation of the trend if DXY manages to break above (and hold) the 107.013 pivot.
Thoughts?