goodguy

US Dollar Index: overview update. Near resistance

INDEX:DXY   US DOLLAR CURRENCY INDEX
On the monthly I have my best guess of the long term action of the US dollar. Recently I suggested a short term bounce was coming. I was wrong. But notice the price is now very near 2 resistance points best appreciated on the daily chart. So now or soon we may well see a a bounce. IF it drops straight thru the uptrend line from 2011 as well as the recent low I would think this could be quite bearish. Since I don't trade the currencies myself I would love to get feedback from those who do.
Thanks.
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