US Dollar Index - Technical Analysis: Thursday, 14/07/2017 03:51 GMT

The US dollar index shows sideways trades recently and settles around 95.50, and the general negative pressure still valid as long as the index is stable below 96.65, which trades inside the descending channel that we expect to carry trades towards more decline in the coming period.

Our main waited target is located at 94.44, noting that surpassing 96.65 will stop the current negative pressure and push the index to recover on the short term basis.