The US Dollar Index (DXY) has continued to weaken and has fallen to around 96.58 (early July 2025), the lowest level since February 2022. Technicals point to a key long-term support level (lower monthly channel) and a valid break below the 96.00 mark could lead to a further test of 94.65 or even 91.60. In this video, we will analyze the main reasons for the decline of the US dollar index, and at the same time analyze the future trend of the US dollar index from a technical perspective.
Speaker: Daniel Ang (Sophisticated Trader with 30 yrs exp)
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