Analysis of the DXY Dollar Index and an Expected Upcoming Decline

Anticipated Weakness in the US Dollar in the Coming Days

The US Dollar Index (DXY) has continued to rise, reaching a strong daily supply zone—currently the most critical area for a potential reversal.

These supply zones are expected to drive the DXY lower in a corrective move on the daily timeframe.

Expected Targets

If the current daily candle closes bearishly—specifically near its low—the decline is expected to continue toward the designated targets near the 100.400 and 100 levels, respectively.

However, this expected decline and dollar weakness would be invalidated if the price breaks above the supply zones and closes higher with a bullish daily candle.