DOLLAR INDEX
Supply Chart
We interpret the Daily Bearish price action to reduced volume from buyers takin off their profits off the buy trades. To take over the price action, Sellers need to engulf the Bullish candle.
Price is currently at the Base, which was previously broken. We'll expect
drop - base - rally formation. Price beyond the base will confirm sellers willingness to take down the price back to the zone.
We maintain a Bullish sentiment on the Dollar and we'll be confident with dumping if price is taken higher into the next Supply zone which has its pivot at
102.812
