DXY The bottom is near. Excellent opportunity.

The U.S. Dollar Index has been declining since the October 3rd High and is now under the MA200 (1d).
The RSI (1d) is nearly oversold and is double bottoming on the 30.00 level, while the price is approaching the 0.618 Fibonacci level of the July 14th bottom.
That will be a -4.50% decline, comparable to all three major decline of 2023: -4.55%, -4.85% and -4.88%.

Trading Plan:
1. Start buying on the current market price with a maximum extension up to -4.88%.

Targets:
1. 105.500 (the 0.618 Fibonacci level), can even extend as high as 106.200 (near the 0.786 Fibonacci level like the High of May 31st).

Tips:
1. The CCI (1d) is posting a Bullish Divergence on a Rising Support, like those of March-April and late January. This indicates that a final tick downwards is possible before calling it a bottom. But a strong indication to start buying already an oversold price level.

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Notes:
Past trading plan: