DXY is forming a symmetrical triangle in an uptrend, which is more likely to break to the upside in this case. Macro headwinds are still not gone, we could get relief rallies on risk assets, but we still are in a bear market until proven otherwise, and you were better off assuming the trend remains intact for more than a year now.
Fallen out of the descending wedge, and got rejected while trying to break back in. Ended up forming a symmetrical triangle, which has a bearish bias while coming from the top.
