DXY 93.95: Consolidates within 3-week falling wedge

DXY has declined from the 99.99 high (April 13, 2015) to 93.13 (May 14/15, 2015 lows, near February 3 low at 93.25) over the last 5 weeks. Currently it is consolidating within the 3-week falling wedge (as shown on the 240 minute chart). While the 94.24/94.57 resistance zone (near the wedge upper bounds) caps the bounce, scope remains for a downside reversal to retest the 93.13 lows. Below there would extend the broad weakness towards 92.15 (January 21, 2015 low). However, if bulls manage to break through the 94.57 area decisively, that would signal wedge breakout and turn the structure more positive towards 95.25 (May 11, 2015 high) then 95.94 (May 5, 2015 high).
Outlook:
Short term: bearish
Long term: neutral