The dollar index has broken below the bullish channel. As expected, the dollar is weakening and sellers put pressure on the index. The price should continue lower over the coming days as a correction at current levels is justified.
The Dollar index is testing short-term support by the Kumo (cloud) at 95.25. The 95.25-95 area is an important short-term support area, so a break below it will open the way for a move towards at least 94.40 where the 38% Fibonacci retracement of the entire rise is found.