DXY Can this bullish break-out hit 106.000?U.S. Dollar Currency IndexTVC:DXYTradingShotAlmost 1 month ago (May 27, see chart below) we gave a strong short-term Buy Signal on the U.S. Dollar index (DXY), expecting a Higher Highs trend-line and 1W MA100 (red trend-line) test: Well our 100.800 Target got easily hit and the price broke above the 1W MA100 with ease. If the 1W candle closes above it as well, then we will have a strong technical bullish break-out confirmation similar to those in November 2021 and August 2018. The weekly closings above the 1W MA100 on both those occasions, initiated rallies that tested at least the inner Lower Highs trend-line of the 11-year Channel Up. Those were accompanied by 1M RSI break-outs above the MA (green circles) and 1M MACD Bullish Crosses. We are about to complete a Bullish Cross on the 1M MACD, while the 1M RSI has been above its MA (yellow trend-line) since late March. As a result, we expect DXY to target the Lower Highs trend-line by the end of the year and hit 106.000 at least. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇