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 and table source: WebTrader