Weekly Tech Overview - USD - Week 27

DXY ( dollar index ) weekly technical overview:

we do believe weekly close above 90,90/92,20 ( very late of 2014 / very early of 2015 ) confirmed that low just above 70 is in place with consolidation within 92/100 range through 2015 till now.
We are very bullish over medium/long term with 107/108 as first target and 110/112 as second target.
Please find our explanation and chart below:

The first target is simple measure of the consolidation from 2015 till now ( from 92 to 100 - 8 figures in average, so break above 100 should help with 800 pips rally twds 107/108 ).

The second target is a little bit more complex :)  but no worries: 90,90/92,20 ( in average ) that is the zone where market showed weakness last time ( down to 70+, so around 20 to 22 figures ). Close above that zone put possible breakout in place, so we got the chance to see ..... 20 to 22 figures rally as simple as that.

Please bear in mind that this analysis is based on WEEKLY chart, so it will take some time to hit our targets ( in other words IT'S NOT GOING TO HAPPEN TOMORROW ! ).

NOTE: the above is valid as long as we are above 90,90 ( close on weekly basis ).