The #USD Index appears likely to move lower on reinvigorated INCREASINGLY BEARISH weekly momentum. Momentum development since early-Q1 could be classed SUPER BEARISH, and would expect lower PA over the next several weeks. IMHO.
The MACD failed to BO during late-Q4, and bearish momentum took hold again, with a soft bearish down-cross. Bearishness has accelerated since the start of the year. The Stochastic has formed bearish lower-highs since the start of the year, after a failed BO during late-Q4. A very bearish chart.
