The Dollar index accelerates its bearish momentum and drops below the 95.00 level and the 200 day EMA. The 200 day EMA may act as a support as it did during September of last year. Therefore, the Dollar index may bounce to the upside and maybe reach the 96.00 level which could act as resistance along with the 55 day EMA. The 55 day EMA has changed its direction to the downside and that could be an indication that the index could continue falling. Below the 200 day EMA, its next support could be the 94.00 level.
