DXY Key Levels

DXY has been bearish for a while and is moving in a downtrend.

Currently, price has broken the last two minor highs with closing a bullish long candle above them and after that, it has started moving sideways in a rectangle pattern.

We should wait for the rectangle breakout first to see which direction it will be broken.

If the sideway zone broken to the upside, we should be careful about 94.170 which is the last high and acts like a barrier.
If price breaks this level and closes a candle above it, we can expect a rise to the resistance zone around 94.500

On the other hand, if price breaks the sideway zone to the downside, we can expect the downtrend has been started again and price will drop to the yellow support zone and in the case of a downside breakout on this level, the next target would be around the green zone at 93.00