On our Twitter feed (@JLyonsFundMgmt  tweeter), we do a feature every week called (#TrendlineWednesday  a tweetstream) (sometimes, we even get around to it on Wednesdays). 
Today’s edition included a trendline on the DXY that also served as our Chart Of The Day. That was due to the age of the trendline as well as its immediate relevancy to current prices.

The Down trendline in question originates at the DXY’s top back in 1985 and connects through the peak in 2001-2002. 


The trendline was eventually (bullishly) broken in early 2015. 

Since then, the former line of resistance has served as support whenever prices have dropped back down to test the top of the line. 

This was the case in mid-2015 and mid-2016. And Dollar bulls are hoping it [serving as support] is the case now as the DXY is once again (bearisly) testing the top of that broken post-1985 Down trendline.