U.S. Dollar Index
Short

DXY is setting for another drop

68
Pre FOMC move on DXY bearish as with 0.25% to 0.5% rate cut decision as significantly impacted dollar index which on press conference, price finally rejected from the lower level 96.20
As with the weekly close coming in few hours, price approaching another key level of resistance, weekly and monthly giving a high probablity to reject back again to the support level as the resistance consist of 3 higher timeframe confulences, monty and weekly resistance alogn with weekly 10ema combining with break of series of lower highs and break of the combinations could lead the price to drop to the support. at 96.20

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