Hello dear friends, Currently, the DXY power index is trading at 106.313, continuing its downward trend and losing 0.34% for the day.
My goal after the slight price decrease of DXY towards the support level of 106.181 (which coincides with EMA 34 and 89) will be a price increase with a target of 107.168, followed by a breakthrough and reaching the end of the Fibonacci indicator at 107.565.
What do you think? Good luck with your trades!