forexeatrading 
96
The DXY is testing a key confluence zone at 106.35, the place the descending wedge trendline help aligns with the 38.2% Fibonacci retracement of the final bullish leg. This stage is pivotal in shaping the subsequent pattern course.
For now, so long as 106.35 holds, the broader uptrend stays intact. A confirmed break decrease would shift the outlook bearish, however till then, the prior bullish pattern stays the dominant power.
On the upside, resistance stands at 108, the subsequent key stage to look at for potential continuation greater.
