Dollar Index (DXY) Topped Out?

On daily chart, there is a broadening pattern and DXY seem to be reversing from top. Broadening patterns are typically bearish in nature hence chances are it'll go down from here till lower end of broadening pattern. It may further decline from there till the green support zone.

Kommentera:

Apparently not! Having said that, the view doesn't change. It would probably make a move towards the upper channel line once again and then reverse from there.