DXY Bears Dominate After Key Trendline Break Confirmation

Jun 17

The 2-hour chart shows weakening bullish momentum after price failed to sustain above the recent consolidation zone. A break below the rising trendline suggests a potential shift from bullish to bearish structure. 📉

The rejection from resistance, along with the loss of dynamic support, indicates sellers are gaining control. A retest of the broken trendline has attracted additional selling pressure, reinforcing the bearish bias. 🚨

As long as price remains below the trendline and resistance, further downside movement is favored.

🎯 Targets:
99.18
98.83

🛑 Stop-Loss:
Above the broken trendline / recent swing high (invalidation of bearish structure)
⚠️ . Market conditions can change quickly—avoid overleveraging and size positions according to your trading plan.

Jun 17

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