10.07.2017 09:33 AMThe Dollar index remains in a bearish trend although for the last couple of sessions we could be making at least a short-term low. I believe the upside has more potential than looking for the bearish side.
The weekly chart remains bearish. Price is inside a bearish channel and below the weekly Kumo. However I believe we should expect a strong bounce towards 98.50-99. I believe we should bounce soon towards the lower Cloud boundary and the upper channel boundary.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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