U.S. Dollar Index
Long
Updated

DOLLAR INDEX (DXY) Potential Reversal Zone to Watch

976
snapshot

Greenback keeps losing its value against major currencies.
However, technically speaking the trend still remains bullish.

Currently, the price is forming a retracement leg.

The next zone to watch for a bullish continuation is 91.0 - 91.4 area.

As a confirmation, rely on a bullish breakout of an underlined expanding wedge.

In case of a bearish breakout of the zone, the index will most likely go even lower.

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Note
Check my new analysis on EURUSD:
EURUSD: Time to Fall

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