The US Dollar Index trades lower as it fails to hold the 102.00 level, signaling a bearish short-term technical bias following an early morning bullish gap.
The US Dollar Index is currently exhibiting a bearish technical bias as it struggles to maintain momentum above the 102.00 level. Despite an initial bullish gap at the start of the Asian trading session, the index has failed to sustain its gains and is trending lower.
The DXY is showing a bearish bias as it inches lower after failing to sustain a bullish gap near the 102.00 level.
The US Dollar Index (DXY) faces renewed selling pressure, retreating from the 102.00 threshold during Monday's Asian session. Despite an initial bullish gap, the index struggles to maintain positive momentum against a basket of six major currencies.
The US Dollar Index maintains a bearish short-term bias as it trades below the 102.00 level despite an early session bullish gap.