The general trend: The dollar index continues to achieve more highs, recording its highest levels since April 2017, at 100.54 levels, in light of the tension in global markets, despite the sudden drop in interest rates on the US dollar to zero levels, Taking into account the maintenance of the dollar index, to ascending in an ascending way (highs and lows), indicating the strength of the current bullish trend, and any corrections to the downside are good opportunities for repositioning and buying.
It remains for the index to retest the 99 levels, which have not been tested since its penetration, and it is possible to know whether the dollar index will maintain the current bullish trend, or will we see a negative change in the first direction, with more Declines.
Expected movement scenario: bullish
Expected traffic range: 100.80 to 99