Dollar Index DXY Analysis (29/06)

📌As we mentioned earlier, the dollar index failed to break the resistance at 99.369–99.051, which pushed it down towards the area of 97.940–97.761, which has already been broken, continuing the decline to the current support area between 97.441–97.055, where the price is currently moving within.

If the price remains above the current support, we may see an attempt to rise to test the resistance area of 97.940–97.761 again.

However, if the current support is broken and closed below it, the price is likely to move towards the levels of 95.255–94.629.