🔧 Technical:
Trading in a clear downtrend channel
Key resistance: 100.08
Target: 91.83, then 87.64
Bearish bias remains unless price breaks above 102.33
🌍 Fundamentals:
Fed rate cut expectations weighing on the dollar
Weak U.S. data and slowing inflation support downside
Global shift away from USD adds pressure
📉 Headline:
“DXY Weakens Below 100 – Bearish Pressure Builds Toward 91.83”
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.