As expected, DXY
continued to gain strength and move south on the chart. DXY
stands at the moment at 89.70 area and is heading for 90.50 move. DXY
strength may be temporary, as a retracement of the longer term downtrend, and if DXY
reaches levels of 90.50 but does not manage to break above this structure, we may expect a stronger move downwards.