UOB senior technical strategist Quek Ser Leang says USD index upside momentum is fading, limiting further gains. On the daily chart the rally that began last month appears to be shifting into consolidation or a mild pullback; a deeper decline could t

2026-10-14

UOB senior technical strategist Quek Ser Leang says USD index upside momentum is fading, limiting further gains. On the daily chart the rally that began last month appears to be shifting into consolidation or a mild pullback; a deeper decline could test the 21-day EMA at 101.50.