US Dollar Index - Technical Analysis: Monday, 01/08/2017 03:56 GMT

The US dollar index continues its decline strongly to break 93.00 barrier and settles below it, which supports the chances of continuing the bearish trend in the coming period, and the door is open to head towards our next target at 91.91.

Thus, we are waiting for more decline on the short term basis, noting that settling below 94.44 represents the most important condition to continue the current bearish bias.