ABCD (alternates), .618 retrace, bottom of channel, MM

After what appears to be a double top put in by DXY, price is moving down.
Looking at several confluent factors for potential Target area:

1. Large .786AB=CD
2. .618 Retracement
3. Bottom of rising channel
4. Parallel channel break with measured move exceeds target area
5. Projected 1.272AB=CD in current move down

Comment:

Nice move down in DXY to our target area. Job well done.