US Dollar Index Poised For Bigger Move?

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Indeks Mata Wang Dolar A.S. (TVC:DXY)

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TVC:DXY Indeks Mata Wang Dolar A.S.

trendanalysis candlestick supplyanddemand usd usdindex greenback usdollar

With several days left in the month of July, anything can happen. By mean 'anything', I mean Trump wanting a weak dollar, trade war, raising interest rates, and so forth. So we take a look at the USD chart to give us a hint as to where the Greenback could be heading in the near future. First, we look at the monthly and there we see a possible dark-cloud pattern; however, as I've said in the beginning, it could easily turn bullish at the end of the month. On the other hand, we'll anticipate more downside in days ahead.

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