DXY Dollar Index
DXY is testing critical supprt at 93.04 which must continue to
hold to avoid a further substantial fall to 92.74 at first, and
then, after a mild bounce back to 92.55-92.50 range.
Looking a little further out, the 92.50 level represents major
support for the medium term. Should this level fail to hold at
any point over the coming week it will tip the dollar into bear
territory once more and force it back by 1.5% to 91.01 where
it becomes a buy once more with stops at least 7 pips lower.