SIGNAL TERMINATED – DOLLARINDEX SHORT – TAKE PROFIT
Yesterday’s debate among US presidential candidates has once again shed blood in the veins of the US dollar and a look at its future intrinsic value. For this reason, analysts at Capital Analysis are currently closing a short-term short-term analysis on the Dollar Index.
ORIGINAL TEXT: DollarIndex Short. In the long run, the DollarIndex market has been on a downward trend in terms of technical analysis. In the short term, the market is located after bouncing off the resistance line of a wide trading range. In the long run, the Fed’s central bank policy is more in favor of actions that ultimately weaken the dollar. Likewise, the outlook for the future, given the low interest rates, rather indicates a further weakening of the dollar.
Graph source: WebTrader