DX US Dollar Index encountering supply resistance
follow up from Nov 25... Majority of supply is slowly being absorbed in the $88 - 90 range. Light supply above until $99. Short term bearish (long term bullish) as price tests back into demand zone approx $86. Churning that eats up the remaining supply as this area of resistance has been tested in late 2008 early 2009 and mid 2010. The next run into supply should send the DX US Dollar into a low supply zone and quickly move up to the $98 - 99 range. I'll follow up with a weekly chart and other currency futures.
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