Dollar Index (DXY): Bearish Outlook After News 💵

Short

Indice Dollaro americano (TVC:DXY)

TVC:DXY Indice Dollaro americano

Wedge Support and Resistance Multiple Time Frame Analysis indexes DXY dollar DJ FXCM Index priceaction trading techincalanalysis Contains image

wedgepattern supportandresistance mtfa indexes dxy dollar usdollar priceaction trading techincalanalysis containsimage

snapshot

Today's US fundamentals are very bearish for Dollar Index.

After a test of a key daily horizontal resistance,
the price formed a strong bearish imbalance
and violated a support line of a rising wedge pattern on a 4H time frame.

I think that the fall may continue.
Next support - 104.9

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