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US Dollar Forecast Holds A Break, But Follow Through Depends on Direction 2021-07-17 23:00:00 John Kicklighter, Chief Strategist US Dollar Technical Forecast Talking Points: The DXY Dollar Index has worked its way into the smallest two-week trading range since February 2020 A technical break seems inevitable, but momentum after the clearance is more dependent on market conditions than direction or the spark A path of least resistance break for the Dollar would benefit a range like EURUSD’s while the assumptions of a bullish Dollar charge in a GBPUSD reversal Technical Forecast for US Dollar: Bearish The US Dollar is primed for a technical break. Such a scenario naturally draws a lot of excitement, but identifying such scenarios is the least important factor of an effort to trade around such a scenario. Direction of course is also critical, but criteria for determining a break can help account for that factor. Far more difficult in the equation is the potential for follow t

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