📉 USDX Poised for Further Weakness – What It Means for USDCHF

In our latest Group 2 New York update, we're seeing continued signs of weakness in the #USDX , with the outlook suggesting further downside ahead. This aligns with broader sentiment shifts and technical signals that have been building momentum.

Zooming into the 1-hour chart of $USDCHF, our team at elliottwave-forecast.com has provided an updated view exclusively for members. The chart outlines potential bearish continuation scenarios, supported by Elliott Wave structures that remain in play.

For traders watching the dollar closely,USDCHF remains one of the key pairs to monitor. As DXY softens, we’re likely to see follow-through in correlated forex pairs – and this setup could be one of the more actionable ones in the short term.