DXY: 110 - 120 Targets

The global markets are hurting. We can clearly see on the monthly chart that the DXY has broken resistance at 104-105. We have not seen levels like this since 2000 - 2002.

I would say that given the current economical conditions and the technical analysis of what the monthly charts and RSI are showing us, there is a chance that the DXY will revisit resistances of 110 and 120 in the near future.