DXY Set to Extend Bearish Continuation, Sell-Off Expected into Next Week

The US Dollar Index (DXY) is poised to continue its bearish momentum, with selling pressure anticipated to persist into the upcoming week. After recent declines, technical indicators suggest further downside potential as the index faces key resistance levels. Traders should prepare for sustained weakness, with opportunities for short positions as the bearish trend unfolds. Keep an eye on macroeconomic factors and upcoming data releases, which may influence the pace and extent of the decline.


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