The dollar index failed to break the 91.00 key level and the price continued its almost one year's downtrend that started in March 2020. price has tested a key level of 90.00 which I believe the price will break and continue its bearish move to test this year low at 89.209 or even lower and I also see a head and shoulders pattern on the Daily time frame. The dxy moves inversely with EURUSD meaning that if the dxy is bearish then EURUSD is going to be bullish. The idea becomes invalid if the price fails to break 90.00 resistance which is also our month's low.
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