The Dollar index remains supported but there are more signs of a possible bearish short-term reversal ahead. So Dollar bulls should be very cautious if not willing to take profits at current levels.
The Dollar index is testing the lower boundary of the bullish channel. The stochastic has already given a sell signal in the 4 hour chart after turning below 80 from overbought levels. Price is expected to pull back at least towards the Kumo (cloud) support.
