DXY BEARISH SETUP

Wait 5 sec.

DXY BEARISH SETUPU.S. Dollar Currency IndexTVC:DXYDynamic_Trade_Strategies๐Ÿ“‰ DXY is showing a clear bearish structure on the 4-hour chart, with price breaking down from the highlighted consolidation zone. The rejection from higher levels indicates that sellers are gaining control. ๐Ÿ”ป Price has formed lower highs and lower lows, while the recent breakdown below the 99.30 area adds further confirmation to the bearish outlook. ๐ŸŽฏ First Target: 98.58 โ€” This is the initial downside objective marked on the chart. A sustained move toward this level would confirm continued bearish momentum. ๐Ÿšจ If price breaks below 98.58 with strong selling pressure, the next major objective comes into focus. Second Target: 98.00, which represents the extended bearish target. ๐Ÿ“Š Overall, the structure remains bearish while DXY stays below the highlighted resistance zone. Traders should watch for retests and fresh price-action confirmation before considering further downside moves. If you found this analysis helpful, donโ€™t forget to LIKE ๐Ÿ‘ and COMMENT ๐Ÿ’ฌ!