Dollar Weekly Outlook (UPDATE) U.S. Dollar Currency IndexTVC:DXYkristijanslatinsekThe US Dollar Index (DXY) is currently setting up for another potential move to the downside in the short term. However, the larger structure suggests that the market may remain inside a broader range before deciding on the next directional move. Short-Term Outlook The coming week may begin with additional downside pressure. This move could complete the current corrective structure and test lower levels within the range. Key Scenario Price could remain inside the current channel structure for the next few weeks while the market builds a larger pattern before the next expansion. Possible developments: • Temporary downside movement • Sideways consolidation inside the range • Breakout toward the upside later Alternative Scenario If downside pressure increases, the market could break the recent low and extend the move further before any meaningful recovery develops. Trading Approach Rather than trading with a fixed bias, the focus remains on observing how the lower timeframes develop. The goal is to monitor the range and react to confirmed setups as the structure evolves.