DXY Update 17 October 2025
Breakdown from the pennant
Ok so the conclusion was break back lower towards the break of the downtrend at 97.85. 15 year support is at 96.80 today and price can’t seem to break away from it.
Increasingly bearish news for the US economy now coming thick and fast and yields are dropping. This could be a self re-enforcing USD lower, yields lower.