Dollar Index Basket

DXY (DOLLAR INDEX)

50
On overall, I have a bullish momentum for the Dollar index but we can see the formation of a head and shoulders which could mean that we are likely to see a bit of USD weakness temporarily.
If we don't see a break above the current support, then we are going to see USD weakness. Only after we see a break of the next suport level at 12046, should we see DXY continuation a bullish move to 12133.

Watch out for the news releases this week that could affect the USD, and as always, trade safe. Like and comment your thoughts.
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