A lot of the currencies in the basket of the DXY are looking weak against the USD and there are other factors known and unknown, both too long to list to support these ideas.
The price action is leading the narrative that will be printed in the rags when the PA has broke the recent high that sent the DXY down for the retest.
Printing hidden weekly and daily bullish divergence on momentum oscillators.
From the Daily to the Monthly chart this is bullish price action that is going to go for a vertical rally.
Check the other idea on this as well
Other ideas posted at local bottoms for DXY are also in the old ideas
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check old ideas from bottoms Dxy back to 102 ->
DXY BULLISH! BACK TO 105! -> the updates within this idea have a post calling the top.
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Initial levels to gain
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would you buy or sell this? with the price axis inverted as it is?
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check my other ideas for a more updated daily chart