Dollar index signals probable trend change after Fed shift


content provided with permission by FXStreetRead full post at forexlive.com

Technical break 

The Dollar Index has signalled a technical break of the descending trend line on the weekly chart.

Technical break 

In addition it has pushed above its 200DMA – a key bullish signal for the dollar index. 

DXY

All this on a fundamental shift from the Fed means that going with USD strength is the path of least resistance.