The dollar index (DXY) staged a corrective decline while maintained its uptrend on the 4 hour chart after finding supports at circa EMA30 in early Asian session. Its short term moving averages descended though havent reached its long term moving averages yet which remained stable, bullish and divergent. Watch the developments of its short term moving averages. In addition, the second big act of tax reform in U.S. is expected to come Thursday when Senate Republicans unveil a plan of their own and which could direct the medium-term path of the dollar.