DOLLAR INDEX (DXY) Detailed Technical Outlook 💵 for TVC:DXY by VasilyTrader

trendline mtfa parallelchannel indexes dxy dollar usdollar dollarindex dollar_index forecast

Update for Dollar Index.

The price broke and closed below a key daily support yesterday.
This morning, the market retested that and now, we see a positive bearish reaction.

Analyzing an intraday perspective, I spotted a falling parallel channel on 1H time frame.
I believe that the index will keep falling within its boundaries.
The closest strong support - 102.8

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