Current Development on Inflation Data induce more selling on Green Bucks , facing downturn. Inflation Rate got soft reduction from 3.7% to 3.2% which causing some crashes in DXY
Seeing signs of slowdown in U.S Economy , Fed starts to feel comfortable with receding inflation Hoping no more Fed Rate Hike till end of the year 2023
From Technical Perspective , have some potential to get bull retrace but more high probability on Bearish Continuation Momentum . .