DXY 1H | Rising Channel Breakdown | Bearish Continuation TowardsU.S. Dollar Currency IndexTVC:DXYtradesguiderThe U.S. Dollar Index (DXY) has broken below its rising channel, indicating a potential shift from bullish to bearish momentum. Price is currently retesting the breakdown zone, which may act as a strong resistance if sellers remain in control. 📉 **Bearish Scenario (Preferred)** • Breakdown confirmed below the rising channel. • Retest of the supply zone may provide a sell opportunity. • Target 1: **100.80** • Target 2: **100.20** • Final Target: **99.46** (Major Demand Zone) 📈 **Bullish Scenario** If DXY closes back above **101.40** and re-enters the channel, the bearish setup will be invalidated, opening the door for a move toward **101.80 – 102.00**. 🔍 **Technical Confluence** ✅ Rising Channel Breakdown ✅ Retest of Broken Structure (BOS) ✅ Resistance Flip ✅ Bearish Market Structure ✅ High Probability Sell Setup ⚠️ Wait for bearish confirmation before entering. Always use proper risk management and avoid trading without confirmation. #DXY #DollarIndex #Forex #TradingView #TechnicalAnalysis #PriceAction #SmartMoney #BOS #MarketStructure #ForexTrading