Bearish breakdown on the Dollar Index

The Dollar index has been in a very good bearish trend as shown on the daily chart since it made a double top at the 95.00 zone by the end of October of last year. The instrument consolidate above the 90.00 level with the highs of the daily candles being lower than the previous ones. That was an indication that the downward pressure was building up at the 90.00 level and eventually the bearish momentum accelerated and the index breaks to the downside. In case of continuing lower, the Dollar index may reach the 89.35 level where we can find the 200 month exponential moving average. To the upside, the most relevant resistance zone is still the 91.00 level.