US Dollar Weakness Likely After Final Push Up

DXY has completed a complex corrective W–X–Y pattern, with the final leg (Y) recently topping near the 100.50 zone. Price has failed to break above the invalidation level, suggesting the uptrend is losing strength. This signals that the dollar may have finished its corrective phase and could now start a fresh bearish wave targeting lower zones near 97–98. The overall structure indicates that momentum is shifting from bullish to bearish. In simple terms: rally is likely over → downside move toward new lows expected next.

Stay tuned!

Money_Dictators
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