The DXY has an ascending wedge which may be set top move lower.

The DXY has developed an ascending wedge as we stall near the 50% retracement of the last move lower. The RSI has already broken below its equivalent trendline which suggests that the move lower in price may be about to start. The R/R is definitely in favor of sellers at this juncture.

DXY Ascending Wedge

Blake Morrow