The US Dollar Index is attempting to mark a fifth-consecutive weekly decline with DXY down more than 4.7% from the yearly highs to test the January yearly lows. While a break of the monthly opening-range does keep the focus lower, we’re looking for possible inflection into this zone with a close below to threaten the next major leg lower in the Dollar. These are the updated targets and invalidation levels that matter on the DXY short-term technical charts.