The dollar index is dominated by the downward trend in the short term, along the downward trend line as shown in the attached chart, with ongoing negative pressure from the SMA50, while the index settles below the pivotal resistance of 94.75, doubling the negative pressures on the coming trading, especially with an influx of negative signals from relative power indicators like the Stochastic as shown below the attached chart.

Therefore we expect more losses to come for the index, targeting the support of 93.49.

Trend Bearish