Dollar Index – The Major Value Area High at 99.50 was probed again this week, as in September. Looks like rejection, but acceptance (time) at or above this level would be bullish.

Dollar Index – Last week there was a rejected probe of the 1/2R Resistance at 98.0. Price declined sharply at the end of the week and the 3yr poc Support at 97.38 was tested. Price below that level would be a weaker position.

I’m seeing indications of weakness for the dollar in other charts so maybe we’ll see a test of 94.80 for the dollar index but as long as it holds above that level it’s in a strong position in the LT.

Dollar Index has probed the November high.

Dollar Index has formed a higher low at major Support.

Dollar Index: in early July chart broke below 95.50, the major poc = weak LT price location. Has this week broken below the 1/2R off the Sep low and has today printed its lowest level since September.