DXY - Short-Term Bounce, But the Bigger Drop Isn’t Done Yet

The Dollar Index is forming a small corrective up-move on the 4H chart. This current rise still looks weak and is unlikely to last long. As long as price stays below the major zones above, the broader structure suggests one more push lower before any meaningful bullish reversal.

Short-term volatility is expected, but the higher-timeframe pressure remains to the downside. We’ll be watching for a final drop to complete the structure before the next big move.

Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.