DOLLAR INDEX (DXY) Trend Reversal & Strength
it looks like we finally see a confirmed bearish trend violation and reversal on 🟢DXY .
from 6th of January, we see the zigzag movement with 89.1 initial low, equal high retesting the December's lower high,
higher low and finally a new higher high higher close on a daily yesterday.
it is a classic price action reversal formation.
now in the mid-term, I expect more strength to the dollar.
The closest resistances to look at: