The dollar has been in a downtrend since May and looks to be trying to continue this trend. To do this it must break resistance around 96 and retest. If it is able to, aided most likely by renewed Covid-19 cases in the US and economic impacts of this the next target should be around 94 at the bottom line of the uptrend we have been in since 2011.
if DXY fails to break 96 the next target is 98.
if DXY fails to break 96 the next target is 98.