Just a bounce off or a real trend reversal?

DXY sits on a major support zone. Price often delivers a reflex bounce at strong levels before continuing the prevailing trend, so a quick pop isn’t proof of a new bull run. DXY is closely linked to US real yields (10y TIPS): if real yields roll over as the Fed eases, USD strength likely fades; if real yields stay firm, a durable reversal is more plausible.

This post is for informational/educational purposes only and is not investment advice or a solicitation to buy/sell any security. Past performance is not indicative of future results. I may hold positions related to the instruments mentioned.