DXY – Price Action Review (Daily TF)

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DXY – Price Action Review (Daily TF)US DOLLAR CURRENCY INDEXINDEX:DXYGreenfireforexBias: Sell on pullbacks, trade with confirmation DXY – Price Action Review (Daily TF) Market Structure: Overall structure has shifted to lower highs and lower lows, indicating a developing bearish trend. Supply Reaction: Strong rejection from the major supply zone (101.30–101.00) confirms institutional selling pressure. Pullback Zone: Current price is retracing toward a minor supply / mitigation zone (~98.40–98.80) — potential sell-on-rally area. Bearish Continuation Bias: Failure to reclaim previous swing highs keeps bearish momentum intact. Key Support: 97.45 is a critical support; a clean break may open downside toward 96.80–96.50. Invalidation: Sustained acceptance above 99.00+ would weaken the bearish setup.