The Dollar Index situation in the past week

Wait 5 sec.

The Dollar Index situation in the past weekU.S. Dollar Currency IndexTVC:DXYPouyanFaThere’s no doubt that the Dollar Index is still in a downtrend. During this decline — while moving inside a channel — it managed, thanks to the news, to break the channel’s ceiling with relatively weak momentum. The probability of a pullback to the channel’s ceiling or even a return inside the channel is high because the momentum is weak. In any case, we’ll have to see how the dollar starts the coming week. ✅