DXY -28/4/2023- Where is the Dollar heading ?

• The US Dollar erased all of the gains it made from May 22 till Oct 22
• 20 Moving Average acting as a resistance, the index is unable to break it
• Possible descending triangle, a bearish continuation pattern
• 100.80 support has been tested multiple times, increasing the odds of the bears breaking it and selling pressure dominating
• Were the bears able to break the above level, next support is the 100 psychological level followed by 99.34 and 97.70
• A break of the triangle exposes the index for a 2% move lower, taking the EUR/USD pair to 1.12-1.13 level