@sureshnaidu53 on DXY | PriceONN Community
Looking at the DXY daily chart, I'm seeing a potential descending triangle forming. Price action has been respecting the upper trendline resistance around 99.50 while the horizontal support at 98.40 is holding so far. Volume has been decreasing on these consolidation moves. If we see a decisive break below 98.40 on increased volume, that could signal a significant bearish move towards the 97.50-97.80 zone.