The US$ has drifted lower and broken below a recent support trend line but momentum continues to be rather mute for the time being. The index also remains below the recently broken multi-year trend line so watch for any further weakness.

DXY

DXY weekly:  a bearish weekly candle and continues to hold below the recently broken multi-year support trend line.

DXY daily: not much momentum BUT note the break of the daily support trend line. Watch the bottom of the daily Cloud for any new make or break:

DXY 4hr: not a lot of momentum here yet either BUT watch for any potential support from the 4hr chart's 61.8% fib and, after that, the recent Low, near 91.75.

EURX

EURX weekly: the EURX closed with a bullish weekly candle and continues to hold above the recently broken 12-yr trend line:

EURX daily: not much momentum here yet BUT watch the Flag trend lines and daily Cloud for any new momentum-based breakout:

EURX 4hr: back above the 4hr Cloud so watch for any momentum-based trend line breakout:

FX Index Alignment: the FX Indices are not aligned at the moment.

• EURX: is above the 4hr Cloud but in the daily Cloud so currently not aligned and prone for potential choppy EUR$ price action.
• USDX: is below the 4hr Cloud but in the daily Cloud so currently not aligned and prone for potential choppy USD$ price action.

Calendar: Note the holiday Monday for the USA and Canada. There is AUD Employment data and US Retail Sales to monitor but watch, also, for the drip-feed of news about the health of US President Trump.