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Ochlokrat

ECB Interest Rate Decision and Its Impact on the DXY

Short
U.S. Dollar Index Futures (ICEUS_DLY:DX1!)  
Ochlokrat  
ICEUS_DLY:DX1!   U.S. Dollar Index Futures
Trend Analysis
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trendanalysis
The dollar index was weak in the run-up to the European Central Bank's interest rate decision. A massive fair value gap is blocking any further upward movement. In view of the bearish chart situation ahead of the interest rate decision, we expect the DXY to lose further value and reach the 102.00 area.
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