DXY W1 (US Dollar Index)

Price has made a bearish engulfing candlestick off key weekly reversal area that occurred in the past. Price is following a channel, & a break of the bottom of the channel / lower trendline will confirm that a long term reversal may occur for the US dollar. Monthly candle has also closed as a bearish engulfing showing that momentum has shifted & sellers may step in to push price lower in the long run..