DXY – 1D | Bearish Continuation Structure Forming

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DXY – 1D | Bearish Continuation Structure Forming

The Dollar Index is currently reacting from a lower high zone within a broader corrective structure.

🔎 Technical Context:

Market structure remains bearish on the daily timeframe.

Recent rally appears to be a corrective pullback rather than a trend reversal.

Price is rejecting from a clear supply / imbalance zone.

Failure to reclaim 97.30–97.50 area strengthens the downside scenario.

📌 Primary Scenario:
As long as price stays below the marked supply zone, continuation toward the 96.00 – 95.70 liquidity pocket is favored.

This move would align with:

Lower high formation

Weak bullish momentum

Unmitigated liquidity resting below recent lows

⚠️ Invalidation:
A strong daily close above the supply zone, shifting short-term structure bullish.

Dollar weakness here could provide tailwind for EUR and risk assets.

Risk management remains non-negotiable.

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