DXY | BOUNCE FROM SUPPORT

DXY has been in a strong bearish trend on daily time frame and making lower lows and lower highs. .
The price has broken below major supports.
The price has been moving in a bearish channel. Lats week the price has broken above the channel and later retested the major support and channel breakout zone.
Now price has again approached to a strong horizontal zone.
The bulls need to hold the breakout above the bearish channel and horizontal support zone.
We are expecting bulls will took control from support zone and price may go higher from here.
Manage your trades accordingly.