Upside trend should be confirmed (started 1h before last ECB & FED press conferences) ... A continuous bullish move we`ll see by prices above 103.56 (last week high & yearly high) and bearish move by prices under 101.78 (last week temporarly high). But prices above 99.11 still are still don`t damging the slightly bullish picture (on higher time frames) ...
How ever, important, while last days before christmas, are at least in my opinion, the 3 last weekly highs (102.05 & 101.83 & 101.74). If they holds this week, we should trade DXY higher while over next week. Prices between 102.62 & 102.21 could be something like a make or break area - even after the bullish flag, which confirmed the bullish upside trend (after last ECB & FED press conferences), All in all still a pretty picture for the DXY ?! How pretty bullish/bearish we`ll see (while next days until christmas) :)
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart)
This is only a analysis (for swing traders) - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ...
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