DXY short view

On the monthly chart, the Dollar Index could continue with a bearish trend in the next month or two. With a drop below the 101.50 level, the next key level is 99.00. That level is very critical because if we don't get proper support, the dollar could slide down to 95.00 and test the lower line of this channel. The dollar could make a new bottom and start a new bullish consolidation from that zone.