Will the Dollar reverse its trend?

The Dollar Index continues retracing to the upside and reaches the 55 day EMA at the 93.25 level as shown on the daily chart. The 55 day EMA may possibly act as a resistance and at the moment the bearish trend is still in place. In order for the trend to reverse to the upside, the index should break above the 55 day EMA or even above the 94.00 level. The stochastics indicator on the daily chart are entering the 80% zone, therefore the instrument may be overbought and it may possibly come back down. To the downside, the 91.00 level could act again as a support and in order for the bearish trend to stay in place, the index should break below that level. To the upside, any of the round number levels from the 94.00 to the 96.00 level where we can find the 200 day EMA could act as resistance.