DXY just broke resistance, it's respecting a bullish trendline and bullish fan.
As this is a big bullish trend, we should expect it to retrace to Fib Retracement level 23.6 and continue his way to at least 97.40
Watch out for Sells in xxxUSD, buys in USDxxx and XAUUSD (Gold) short.
DXY is right at the bottom of an uptrend channel in MTF (D and 4H) + Fibonacci Retracement level 0.5 + Fib Fan level + Support area between 95.8 & 95.6
It can go on a bullish trend until 97.00
We should expect xxxUSD to go short and USDxxx go Long
Dxy continues his bullish channel.
I'm expecting it to go up from 96.40/96.35 to at least 96.7 - 96.8.
.5 fib level
Big support area
High time frame (D) trendline/Fib Fan
