Thoughts on the DXY and that 25.50ish level

Been watching the $USDX for a bit now, and that 25.5086 level has my attention. It's not a hard line in the sand, but we've seen it act as a bit of a psychological barrier. Price has bounced off it and found support there more than a few times recently. I'm thinking if we get a decisive break and close below 25.50, especially on a daily chart, it could open up a bit more downside. Conversely, holding above it, particularly if we see some buying volume on retests, suggests the bulls are still in charge.

Of course, the whole thing gets invalidated if we just whip around back above 25.55 on heavy volume. The market loves to humble you right when you think you've got it figured out, doesn't it? Just keeping an eye on the candles.