HIGHER HIGH HIGHER LOW
DXY is making higher high and higher low on monthly chart. It has bounced exactly from last swing resistance. If it holds 102 on monthly closing basis then 120-122 is feasible in coming 6-9 months. Not good for equity and commodities. Pressure will be on countries highly dependent on import. Break of Feb month's high will be first confirmation that bottom in DXY has been formed.
