U.S. Dollar IndexShort
DXY Downward Trend with Target Levels at 105.5, 104.5
Updated
The US dollar index may decline again to 105.500. However, before it drops, it could have another upward movement (Towards the red zone), and then continue its downward trend towards our target levels.
Our targets are: 105.5, 104.5, and 103.5.
Our targets are: 105.5, 104.5, and 103.5.
Note
The dollar index has made the upward movement towards the red zone that we had mentioned. Now, we can wait for a downward movement towards our targets.Note
The 4-hour support level of the dollar index has been broken!
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