DXY continuation move expected
**Monthly Chart**
Last month's DXY candle closed as bearish after a strong push down breaking the previous monthly range. This month's candle (which is still active) went lower and took out the low of Dec 2023. Currently, it is testing the low of July 2023 and MC (OB) area.
**Weekly Chart**
Last week, the candle closed as a bearish indecision candle after taking out the liquidity below the 26th of December 2023. DXY is currently in the demand zone and testing weekly Manipulation candles for July 2023.
**Daily Chart**
DXY overall trend is still bearish. The next target is around 99.50 which is the low of July 2023. I would like to see DXY continue its move lower to at least break the low of July 2023 before it moves higher.
Last month's DXY candle closed as bearish after a strong push down breaking the previous monthly range. This month's candle (which is still active) went lower and took out the low of Dec 2023. Currently, it is testing the low of July 2023 and MC (OB) area.
**Weekly Chart**
Last week, the candle closed as a bearish indecision candle after taking out the liquidity below the 26th of December 2023. DXY is currently in the demand zone and testing weekly Manipulation candles for July 2023.
**Daily Chart**
DXY overall trend is still bearish. The next target is around 99.50 which is the low of July 2023. I would like to see DXY continue its move lower to at least break the low of July 2023 before it moves higher.
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