Nearing the end of the month and accumulating several confluences for shorts, a pullback seems pretty likely with 38.2 / 1.775 being an ideal pullback zone
We can expect further decline in the weeks and months to come but a long beforehand seems favourable. Will watch over the next few days
If May closes we have ourselves a evening star formation from resistance on the Monthly in addition to the MA crossover and a 2017 strong TL breach.
A pullback to 147 can be expected and profited from counter trend traders before a well needed melt to the downside. Higher timeframes indicate a long overdue descent is expected in the coming months.
142,5 & beyond.
Considering that a huge psychological level of 95 Is nearing it seems likely the DXY could attain in the next fortnight before a much needed melt should ensue.
Smaller time frame, i would consider a pullback to the Daily TL, creating a 3rd bounce new HL before ascension to 95.