DXY/ Dollar Index crossed above its 1day MA50 for the first time since Nov 4th 2022. The fall since the top has been so far -12%. Similar fall (-11%) and price structure was seen during the 2020 decline. After the price crossed over the 1day MA50 it got rejected on the 1day MA100 and started a new decline ot the 1.236 Fibonacci extension.
Trading Plan: 1. Sell near the 1day MA100 at 105.000.
Targets: 1. 98.150 (a little over the 1.236 Fibonacci extension).
Tips: 1. 1day RSI on similar levels as in September 2020. A value near 60.00 is a sell entry.