US Dollar Index

DXY – 2H Chart Setup

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The Dollar Index is showing signs of strength after bouncing from the 97.20–97.30 demand zone and reclaiming short-term structure. Price is currently consolidating around 97.55, and holding above this support keeps the outlook bullish.

📈 Bullish Bias:

Above 97.50 support, price is likely to push higher.

Next upside targets are 97.80, then 98.20 – 98.40 key resistance zone.

Retests of the 97.50–97.40 area could provide buy opportunities before the next leg up.

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