The US Dollar Index (DXY) is breaking below critical support today, suggesting a possible change in trend. In today’s video, I discuss what today’s DXY selloff could mean for the dollar, including key levels and targets. The DXY is breaking down today from an uptrend that began on December 28, 2023. Despite periods of sideways action, the dollar index has kept the uptrend intact since the start of 2024. However, today’s candle hints at a breakdown that flips the 103.50 region to resistance. Dollar bears still have to contend with 103.00 and 102.60 support, but today’s breakdown hints at a possible change in trend ... (full story)