DXY trades in an inconclusive tone in the low-103.00s on Tuesday.
A drop below the so far January low at 102.94 (January 9) could prompt the May 2022 low around 101.30 (May 30) to re-emerge on the horizon ahead of the psychological 100.00 level.
In the meantime, while below the 200-day SMA at 106.35 the outlook for the index should remain tilted to the negative side.