#DXY 1W chart

Let's update our #Dxy 1W chart;

100$ already seen.

The pattern I mentioned before continues, I was wondering if it would only go up one more round, but it did not allow it.

* Weekly close came below the trend line.
* It gave a mismatch signal.
* For the first time in 2.5 years, it closed below the 200 EMA on a weekly basis.

After OB fills the resistance zone (gray box), it may rise again for an up retest.

If it closes below the blue line, the decline may deepen.

Why is DXY important for us?