{video} Last week produced a bearish move in the USD, but that seemed largely driven by the European Central Bank rate decision on Thursday. While there was a net bearish reaction to the Fed, DXY held support at the 103 handle but the morning after bears drove down to fresh near-term lows after the ECB meeting. Prices in DXY eventually ran down to 102 on Friday, which has held the lows thus far while producing a bounce in the currency. From the daily chart below, there’s still a recent lower-low which helps to retain near-term bearish potential. The 103 level is relevant as a push above this price would be a strong ... (full story)