U.S. Dollar Index (DXY) — Bearish Pullback Toward 98.187 Support

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U.S. Dollar Index (DXY) — Bearish Pullback Toward 98.187 SupportU.S. Dollar Currency IndexTVC:DXYAlpha_Trade_ScopeThis 1-hour chart of the U.S. Dollar Index shows price previously trending upward within a rising channel, supported by the Ichimoku Cloud. After reaching the upper boundary, a sharp rejection (long wick spike) signals exhaustion. Price has since broken below short-term structure and is slipping toward the cloud support. Momentum appears to be weakening, with lower highs forming and price edging closer to the lower channel boundary and cloud base. **Target:** * Downside target: **98.178** (marked horizontal support and projected move from the breakdown) If price fails to hold above the cloud and channel support, continuation toward this level becomes likely. A reclaim of the cloud, however, would invalidate the bearish setup.