DXY dropping lik a rock.

DXY is a common ticker symbol used to represent the U.S. Dollar Index (USDX) in financial markets.

In simpler terms, DXY or the U.S. Dollar Index is like a yardstick that helps people see how the U.S. dollar is doing compared to currencies like the euro, yen, pound, and other important currencies. If the DXY value goes up, it means the U.S. dollar is stronger compared to these other currencies. If it goes down, it means the U.S. dollar is weaker in comparison. People use this information to make decisions about trading, investing, and international business.

The weekly close happened with a GraveStone candle which is a common indicator for a trend reversal.

What do you think, will it drop further below 105 after hitting a 15 year high of 107.38