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Dollar trades sideways
U.S. Dollar Index Futures
Dollar trades sideways
By TrainingTrader
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Apr 24, 2023
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Apr 24, 2023
The United States Dollar Index trades sideways throughout the week, looking for the next impactful factor to determine the next short term trend.
Bearish bias remains as price trades below the descending trend line. Bullish bias can only be considered when price breaks out of the 102.75 region.
Dollar seem to await for the upcoming FOMC, before beginning of the new short term trend.
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DXY
Trend Analysis
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