Dollar Index Will Go Lower! Short!

snapshot

Please, check our technical analysis on DXY.

Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The price is testing a key resistance 103.37.

Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish
movement to the downside at least to 100.965 level.

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Bearish PatternsdollardollarindexforecastDXYElliott WaveforecastindexesPivot PointsSELLSupply and DemandUSD

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