U.S. Dollar Currency Index (DXY) faces resistance

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U.S. Dollar Currency Index (DXY) faces resistanceU.S. Dollar Currency IndexTVC:DXYMasterAnandaThe DXY found resistance around the same level from mid-January. Right below 100 and this price supported a sudden drop. The highest close in January was 99.375. The highest close two days ago was 99.071. It seems resistance is being confirmed. It has been challenged three times with a failure to move higher. This can lead to a retrace, going back down. The continuation of a long-term bearish trend. The next target sits between 96-95. Since this level has been tested multiple times, it can break. The break of this support range would mean the lowest reading in years, since February 2022. This chart lends support to our bullish bias on the Cryptocurrency market. Thank you for reading. Namaste.