robus

DXY : Reversal within descending channel

Short
robus Updated   
TVC:DXY   U.S. Dollar Index
This could break the range of 95.5 -92.5
Dips toward 90 or 88.
RSI is falling
Keep watching.
Comment:
Broke 95. Towards 94.7
Comment:
Upsurge to 95.70 on Daily has broken descending channel.
Testing Resistance 96.
Breakout would be the new bull cycle for DXY
Comment:
93.7 is crucial support. break would cause dollar to escalate towards bottom of channel 92.
Comment:
took out important support.
This may sink towards 92.5
Comment:
retrace above SMA 100
94.32 and hitting 94.6 make it more bearish
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