SEBONEGO

Dollar Index Bearish Outlook

Short
TVC:DXY   U.S. Dollar Index
The bulls have lost stem...the price isn't going up like it did before. The FED are also a bit skeptical about raising interest rates further up which gives a rather dovish sentiment to the market. This will trigger a sell-off in the value of the dollar. Technically price is faced with a previous resistance which has caused it to form a rejection pin bar which signals a bearishness
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