Not sure, but currently DXY is very close to a level which seems like a neckline ..around 99.11-99.20. But current level may be a bit stubborn to break (check the RSI). A sustained break will only confirm a possible H&S pattern formation, with target towards 94.80.
If this happens, then targets for EUR can be towards 1.10+. And can influence other major currencies like JPY& GBP too.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.