DXY Channel Up targets the January High. Sell if 4HMA100 breaks.

The U.S. Dollar Index is headed towards critical crossroads as the 105.650 January 06 High is the most important Resistance with relation to the long-term trend. If broken the medium-term bullish trend transitions to the long-term.

The February Channel Up is supported by the 4H MA100 (green trend-line). If broken, we will take a sell targeting the 4H MA200 at 103.700. If we close a 4H candle below it, we will re-sell and target just above the Support Zone at 102.700.


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