DXY is at the last level of support for bulls.

The DXY is at channel support after nearly completing the double top (discussed a few days ago). Realistically, the DXY has further to go if the market gets a foothold below the 97.00 level. RSI is not oversold, and this is a multi year channel as well. A break could lead to a quick drop to the 96.00 level horizontal support.

Steve Voulgaridis