Bearish momentum on DXYU.S. Dollar Currency IndexTVC:DXYmacdondegreatWe witnessed a strong rally on DXY from 28 Jan 2026- 30 mar 2026 which I indicated with my purple vertical lines and bullish trend channel,so the strong bullish channel witnessed a strong break on 7 April 2026 indicated by my sky blue arrow, ushering in a new downtrend which is still in play. With price making lower highs and lower lows in my 4h tf I am then aiming @ demand zone of 97.998-97.495(first tp) then second demand zone 97.133-96.800. NB: DXY is the inverse movement of eurusd so it is pertinent to make analysis on it for trading decisions on eurusd and other usd pairs in addition to other confluence like news sentiments e.t.c.