DXY charts look terrible; obvious tailwind behind all global indexes and commodities.
DXY
Breaking slightly under 38% Fib from 2006L to 2016H at 91.12. Q100MA also nearby at 90.71. Seems like we will see 80s.
M
Same Fib. Monthly 10MA sharply lower and near resistance on the bounce. Again seems like we will see 80s.
W
Weak RSI pattern. Probably we will see RSI tough 30 again at minimum.
DXY D
Below all pivots from 12/20 and opened 2018 below all pivots. Red line is 2016 low.
First long term support 1HS1 90.03; YS1 87.59.